Acutus Medical gets $100mm via Series D, $70mm credit facility

Acutus Medical Inc. (diagnostic imaging devices for arrhythmias) raised $100mm in a Series D financing from first-time backers including 8VC, Opaleye Management, Pura Vida Investments, and returning shareholders OrbiMed, Deerfield Management, Advent Venture Partners, Xeraya Capital, and GE Ventures. In addition, OrbiMed Credit and Royalties Fund and Deerfield Management provided the firm with a $70mm credit facility. The company will use the proceeds for commercialization of FDA-approved and CE-Marked AcQMap cardiac imaging and mapping system and FDA-cleared vascular access products AcQCross QX, AcQGuide Flex, and AcQGuide Mini.