Sofinnova MD Start III

DGAP-News: Gradient Denervation Technologies Raises €3.5M in Seed Funding with Sofinnova Partners

Retrieved on: 
Thursday, September 17, 2020

PARIS, FRANCE / ACCESSWIRE / September 17, 2020 / Gradient Denervation Technologies, a Paris-based medical device company developing a minimally-invasive solution for the treatment of pulmonary hypertension, announced today the close of a 3.5M seed financing from Sofinnova Partners to support the development of its intravascular, catheter-based technology.

Key Points: 
  • PARIS, FRANCE / ACCESSWIRE / September 17, 2020 / Gradient Denervation Technologies, a Paris-based medical device company developing a minimally-invasive solution for the treatment of pulmonary hypertension, announced today the close of a 3.5M seed financing from Sofinnova Partners to support the development of its intravascular, catheter-based technology.
  • Founded in February 2020, Gradient Denervation Technologies ("Gradient") builds on an innovation from two clinicians from Stanford University, Dr. Swami Gnanashanmugam and Dr. Jeffrey Feinstein.
  • Gradient Denervation Technologies develops a device-based minimally invasive solution for the treatment of pulmonary hypertension with technology developed by two clinicians from Stanford University.
  • It is a privately held portfolio company of Sofinnova Partners, financed through the MD Start III Fund and based in Paris, France.

DGAP-News: MastOR Secures Seed Funding from Sofinnova Partners to Develop its Laparoscopy Assistance Platform

Retrieved on: 
Thursday, July 2, 2020

The funding will be used to advance MastOR's laparoscopy assistance platform, which broadens access to minimally-invasive techniques for surgeons and optimizes resource utilization in the operating room.

Key Points: 
  • The funding will be used to advance MastOR's laparoscopy assistance platform, which broadens access to minimally-invasive techniques for surgeons and optimizes resource utilization in the operating room.
  • MastOR leverages the power of surgical robotics and existing laparoscopy instruments to offer a ubiquitous, affordable and modular platform delivering pristine surgical assistance in minimally-invasive digestive procedures.
  • MastOR SAS is a Paris-based, early stage medical device company, developing a surgical robot for laparoscopy assistance.
  • Sofinnova Partners invests across the Life Sciences value chain as a lead or cornerstone investor, from very early-stage opportunities to late-stage/public companies.