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CardioFocus brings in $55mm via late-stage financing

Executive Summary

CardioFocus Inc. (devices for treating atrial fibrillation) raised $55mm in a late-stage financing from returning institutional investors. The financing also included senior debt from Kennedy Lewis Investment Management. CardioFocus will use the funds to help launch its HeartLight endoscopic ablation system and CE-Marked HeartLight X3 system.
Deal Industry
  • Medical Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Financing
    • Nonconvertible Debt
    • Private Placement

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