NuVera Medical Raises First Tranche of $15M Financing

HealthcareNuVera Medical Inc., a Campbell, CA-based medical device company, completed the first closing of a $15m financing.

The round was led by Cormorant Asset Management with participation from the Capital Partnership, Lilly Asia Ventures, and other existing shareholders.

Led by Todor Jeliaskov, CEO, NuVera Medical leverages a real-time 3D intracardiac echocardiography (4D ICE) guidance platform to enable transcatheter cardiac interventions, enabling the expansion and sustainable market adoption of a growing body of interventional procedures performed in the chambers of the heart.

The company was formed by Shifamed LLC, a Silicon Valley based medical innovation hub founded by serial entrepreneur Amr Salahieh.



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