Moximed Completes Closing of Series D Financing for $91 Million to Accelerate Commercialization of MISHA® Knee System, an Implantable Shock Absorber for Knee Osteoarthritis

New investor Elevage Medical Technologies leads funding round with Cormorant Asset Management and Warren Point Capital joining the investor syndicate FREMONT, Calif.–(BUSINESS WIRE)–Moximed, an innovative medical device company on a mission to improve the standard of care for people with knee osteoarthritis (OA), today announced the closing on $61 million of Series D preferred stock […]

Elevage Medical Technologies Continues Expansion of Investment Team and Board

Firm adds to its team with a new Board Member and two new V.P. hires AUSTIN, Texas, Feb. 27, 2024 /PRNewswire/ — Elevage Medical Technologies (“Elevage”), a portfolio company of Patient Square Capital, dedicated to supporting growth-stage medical device and medical technology companies, today announced key additions to the investment team and board. Vice-Presidents Suchira Sharma and Peter […]

Elucid Raises $80 Million in Series C Round Led by Elevage Medical Technologies

Investment will drive commercialization and expansion of AI-powered non-invasive diagnostic tools to help evaluate cardiovascular risk BOSTON–(BUSINESS WIRE)– Elucid, a leading medical technology company providing physicians with AI-powered imaging analysis software to assess cardiovascular disease, today announced it has raised $80 million in Series C funding. The round was led by Elevage Medical Technologies, with additional participation […]

Patient Square Capital Announces Formation of Elevage Medical Technologies to Partner with Growth-Stage Medical Device Companies

$300 million investment commitment from Patient Square Capital MENLO PARK, CA, May 1, 2023 – Patient Square Capital (“Patient Square”), a leading health care investment firm, today announced the formation of Elevage Medical Technologies (“Elevage”), a new portfolio company to support the growth of promising medical device companies by providing capital and deep strategic expertise. Elevage will […]