Benvenue Medical Secures $64 Million Financing (press release)
Benvenue Medical, Inc., a developer of minimally invasive solutions for spine repair, announced it completed a $64 million round of financing. The spine company intends to use the proceeds to build its US commercial presence, scale up manufacturing, increase administrative functions to support overall corporate growth and provide working capital to fund growth in operating activities.
The financing is a combination of $40 million in Series E equity supplemented with $24 million in debt. The Series E equity financing was led by new...