Mevion Medical Systems racks up to $200 mln

Littleton, Massachusetts-based Mevion Medical Systems, an advanced proton therapy systems provider, has secured up to $200 million in funding. The investors included HOPU Investments, YuanMing Capital, Caxton Alternative Management LP, ProQuest Investments, Venrock and CHL Medical Partners. In addition to the funding, Mevion and its lead backers will launch a joint venture in China focused on making and selling service proton therapy systems.

VC-backed Vascular Pathways appoints Mazzocchi as executive chairman of board

Vascular Pathways has named Rudy Mazzocchi as executive chairman of its board of directors. Mazzocchi is the current CEO of ELENZA. Vascular Pathways is a medical device maker that specializes in wire-guided peripheral intravenous catheter technology. It is backed by CHL Medical Partners, Ascension Health Ventures and MVM Life Sciences.


Canaan Partners backs DICOM Grid

DICOM Grid has raised $6 million in funding. The investors included Canaan Partners, CHL Medical Partners and Mayo Clinic. Based in Phoenix, Arizona, DICOM Grid is a digital medical imaging platform.

VC-backed Vascular Pathways nabs $5 mln from Square 1 Bank

Square 1 Bank has provided a $5 million credit facility to Vascular Pathways. Backed by CHL Medical Partners, Ascension Health Ventures and MVM Life Sciences, Vascular Pathways is a medical device maker that specializes in wire-guided peripheral Intravenous catheter technology.

DICOM Grid Attracts Funds from Canaan, CHL Medical and Others

DICOM Grid, a cloud software-as-a-service platform for medical imaging application has secured a $5 million financing expansion round led by Canaan Partners, CHL Medical Partners and existing individual investors. The funds will be used to expand distribution of DG Suite, the company’s product line for managing diagnostic imaging and related health data. PRESS RELEASE DICOM […]

Mevion Medical Systems Attracts More Funds

Mevion Medical Systems has closed a $45 million investment from ProQuest Investments. Existing investors Caxton Heath Life Sciences, Venrock and CHL Medical Partners also participated. Founded in 2004, Mevion is a privately held company headquartered in the Boston metropolitan area with international offices in the United Kingdom and Japan. PRESS RELEASE Mevion Medical Systems announced […]

Valeritas Lands $150M Series C

Valeritas Inc., a Bridgewater, N.J.-based developer of drug delivery systems for the diabetes market, has raised $150 million in Series C financing. The funding will support commercialization of its V-Go disposable insulin delivery device. Welsh, Carson, Anderson & Stowe led the financing and assumes a controlling interest in Valeritas. Previous investors MPM Capital, Pitango Venture Capital, Abingworth Management, Advanced Technology Ventures, ONSET Ventures, HLM Venture Partners, Agate Medical Investments, CHL Medical Partners and Kaiser Permanente Ventures also participated.

From the Filings…

(Recent funding news based on Form D filings with the S.E.C.) E-commerce platform provider Rearden Commerce has raised $46.98 million in a new round of financing, according to a filing with the S.E.C. Rearden previously raised roughly $200 million from venture investors including Foundation Capital, Oak Investment Partners, Empire Capital Partners, American Express and Chase […]

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