BAROnova Secures $36,500,000 Series D Financing

  • Feed Type
  • Date
    11/24/2015
  • Company Name
    BAROnova
  • Mailing Address
    281 Magnolia Ave. Goleta, CA 93117 USA
  • Company Description
    BAROnova, Inc., founded in 2006 and based in Goleta, CA, is a clinical-stage medical-device company focused on developing non-surgical non-pharmacologic devices to induce weight loss.
  • Website
    http://www.baronova.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $36,500,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    BAROnova will use the proceeds to fund the U.S. pivotal study of the TransPyloric Shuttle (TPS), BAROnova’s novel endoscopically delivered and retrieved weight-loss device.
  • M&A Terms
  • Venture Investor
    Delos Capital
  • Venture Investor
    Longitude Capital Management
  • Venture Investor
    Lumira Capital
  • Venture Investor
    ONSET Ventures
  • Venture Investor
    Sante Ventures