{"id":53140,"date":"2021-06-23T13:02:01","date_gmt":"2021-06-23T13:02:01","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=75482"},"modified":"2021-06-23T13:02:01","modified_gmt":"2021-06-23T13:02:01","slug":"rapidpulse-launches-with-15-million-series-a-financing-for-ischemic-stroke-therapy","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/rapidpulse-launches-with-15-million-series-a-financing-for-ischemic-stroke-therapy\/","title":{"rendered":"RapidPulse Launches With $15 Million Series A Financing for Ischemic Stroke Therapy"},"content":{"rendered":"

Industry Veterans Join Team to Support the Development of Novel Cyclic Aspiration System for Ischemic Stroke<\/h4>\n

MIAMI, June 23, 2021 (GLOBE NEWSWIRE) — RapidPulse, Inc., a privately-held medical device company developing a novel aspiration system to treat ischemic stroke, today announced the closing of a $15 million Series A financing. The financing was led by Sant\u00e9 Ventures who was joined by Epidarex Capital, Hatteras Venture Partners, Broadview Ventures, and Syntheon. RapidPulse plans to use the proceeds to advance its RapidPulse\u2122 Cyclic Aspiration System through expanded clinical evaluation and build out its platform of proprietary catheters.<\/p>\n

The RapidPulse\u2122 system was developed by Syntheon, a medical device incubator focused on developing next generation medical devices. Their various products, commercialized by the largest and most trusted medical device companies in the world, have treated over 50 million patients globally in applications ranging from laparoscopic surgery, cardiovascular, and flexible endoscopy. Syntheon has over 200 issued patents since its inception over 20 years ago.<\/p>\n

\u201cWe are pleased to have partnered with an outstanding investor syndicate to move our RapidPulse\u2122 technology forward in the clinic,\u201d said Sean McBrayer, CEO of Syntheon who will also serve as initial CEO of RapidPulse. \u201cStroke is the second leading cause of death and the third leading cause of disability worldwide, and minutes matter in improving these outcomes. This investment will help us expand our clinical results and move towards regulatory approval in the United States.\u201d<\/p>\n

Joining the team are industry veterans Heather Harries and Cynthia Yang. Heather most recently served as General Manager for Terumo\u2019s aortic business and will lead product development and operations for RapidPulse. Cynthia will lead clinical development for the company, after most recently working in the neurovascular division of Medtronic.<\/p>\n

Dennis McWilliams, partner at Sant\u00e9 Ventures, added, \u201cHeather and Cynthia bring exceptional domain expertise to the team at RapidPulse, and will complement the significant engineering development experience at Syntheon. RapidPulse is a disruptive platform opportunity in neurovascular, and has the potential to significantly improve patient outcomes for ischemic stroke patients.\u201d<\/p>\n

ABOUT RAPIDPULSE<\/p>\n

RapidPulse, Inc. is a privately held medical device company that develops minimally invasive vascular products for ischemic stroke. The company is advancing the development of the RapidPulse\u2122 Cyclic Aspiration System, which includes a novel aspiration pump to allow rapid and consistent removal of blood clots from the brain. RapidPulse is a spinout of Syntheon LLC., a medical device incubator dedicated to developing innovative products in the medical device industry. Visit www.rapidpulsemed.com<\/a>\u00a0for more information.<\/p>\n

ABOUT SANT\u00c9 VENTURES<\/p>\n

Sant\u00e9 Ventures is a life sciences investment firm that invests in early-stage companies in medical device, biotechnology, and digitally enabled health services. We partner with entrepreneurs to build impactful companies, including Claret Medical (now part of Boston Scientific), TVA Medical (Becton Dickinson), Millipede Medical (Boston Scientific), and Molecular Templates (NASDAQ: MTEM). Founded in 2006, Sant\u00e9 has just under $1 billion in assets under management, and has offices in\u00a0Austin, TX and\u00a0Boston, MA.\u00a0For more information, please visit\u00a0sante.com<\/u><\/strong><\/a>.<\/p>\n

ABOUT EPIDAREX CAPITAL<\/p>\n

Epidarex Capital is a transatlantic venture capital firm that builds exceptional life science companies in emerging hubs in the US and UK. Epidarex’s experienced team of early-stage investors partner with entrepreneurs and leading research institutions to transform world-class science into highly innovative products addressing major unmet needs in global healthcare. For more information, please visit\u00a0www.epidarex.com<\/a><\/p>\n

ABOUT HATTERAS VENTURE PARTNERS<\/p>\n

Founded in 2000 and based in Durham, NC, Hatteras Venture Partners is a venture capital firm with a focus on seed and early stage healthcare investing. Through six funds and over $600 million under management, the firm has invested in breakthrough science and entrepreneurial grit in the areas of biopharmaceuticals, medical devices, diagnostics, healthcare IT, and related opportunities in human medicine. To learn more, please visit\u00a0www.hatterasvp.com<\/a>.<\/p>\n

ABOUT BROADVIEW VENTURES<\/p>\n

Founded in 2008, Broadview Ventures is a mission-driven investment organization. Broadview\u2019s primary goal is to improve human health in the areas of cardiovascular disease and stroke through investments in early stage companies developing innovative therapeutics, devices, and diagnostics. For more information about Broadview Ventures, visit\u00a0broadviewventures.org<\/a>.<\/p>\n

MEDIA CONTACT:<\/p>\n

Sean McBrayer, info@rapidpulsemed.com<\/a>, 305-266-3388<\/p>\n","protected":false},"excerpt":{"rendered":"

Industry Veterans Join Team to Support the Development of Novel Cyclic Aspiration System for Ischemic Stroke MIAMI, June 23, 2021 (GLOBE NEWSWIRE) \u2014 RapidPulse, Inc., a privately-held medical device company developing a novel aspiration system to treat ischemic stroke, today announced the closing of a $15 million Series A financing. 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