Pivot Medical Raises $32 Million in Series C Financing (press release)
Emerging Leader in Hip Arthroscopy Rolls Out Innovative Solutions for Hip Preservation
SUNNYVALE, Calif.--(BUSINESS WIRE)--Pivot Medical, an emerging leader in minimally invasive hip restoration, has announced it has raised $32 million in Series C financing. Led by new investor Adams Street Partners, the funding round also included participation from new investor Delphi Ventures, founding investor Montreux Equity Partners, and existing investorIvy Capital Partners. Pivot Medical will use the capital to support the commercial rollout of its Pivot Hip Arthroscopy System in the United States and Europe and to expand its clinical research programs. The system, which was developed from the ground up to address unique challenges in hip arthroscopy, is designed make the procedure safer, more efficient and easier for physicians to perform.
“We are gratified to have the confidence and support of two additional top-tier investors as we expand our reach in the United States and Europe.”
“Pivot Medical was founded to deliver new technologies that dramatically advance the field of minimally invasive hip ...
