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High-Tech Gründerfonds Management GmbH Ludwig-Erhard-Allee 2 53175 Bonn, Germany http://www.high-tech-gruenderfonds.de
Contact Mr Dr. Matthias Dill +49 228 96568500
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High-Tech Gründerfonds Management GmbH

Middle Peak Medical Raises $8.5 M to Develop Novel Mitral Valve Technology

(PresseBox) (Palo Alto CA USA / Munich / Bonn, )
Middle Peak Medical Raises $8.5 M to Develop Novel Mitral Valve Technology

Middle Peak Medical, a development-stage medical device company that will commercialize a novel technology for treating mitral valve disease, has raised $8.5M in a Series A financing. The round was co-led by healthcare investment specialists Wellington Partners and Seventure Partners, along with seed investor High-Tech Gründerfonds (HTGF).

The proceeds will provide capital for further development of Middle Peak's unique technology for treating mitral valve disease. Following the financing, Middle Peak is establishing some of its clinical and regulatory operations in Europe. The Company's R&D center will remain in Zhzy Kcpz.

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