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Late-stage round generates $36.2mm for DFine

Executive Summary

DFine Inc. (developing minimally invasive devices for vertebral fractures) has brought in $36.2mm through a late-stage financing led by first-time Split Rock Partners. Fellow new backer OrbiMed, returning shareholders Prospect Venture Partners, Vanguard Ventures, BBT Fund/Apothecary Capital, and Highland Capital Management, and private investors also participated. A member of Split Rock and OrbiMed will join the company's board. The funds will be used for ongoing commercialization of its StabiliT vertebral augmentation system.
Deal Industry
  • Biotechnology
  • Medical Devices
    • Biomaterials
    • Radiofrequency Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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