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Series E raises whopping $89mm for ConforMIS; expands round to $167.7mm
05 Aug 2013
Executive Summary
ConforMIS Inc. (orthopedic implants) pulled in $89mm in its Series E financing round to private equity funds from the US, Europe, Asia, and the Middle East. Lead investors were AGC Equity Partners, Axel Johnson, and government investment funds from Asia and the UAE. The money will support sales and marketing activities and scaled-up manufacturing for its knee replacement systems. The company stands to receive additional milestone-based funds.
Deal Industry
- Medical Devices
-
Medical Devices
- Implantable Devices
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Surgical Equipment & Devices
- Minimally or Less Invasive
Deal Status
- Final
Deal Type
-
Financing
- Venture Financing
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Series E raises whopping $89mm for ConforMIS; expands round to $167.7mm
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