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Supira Medical, A Shifamed Portfolio Company, Closes $30m in an Oversubscribed Series C Financing

Company to Advance its Next Generation Percutaneous Ventricular Assist Device

Los Gatos, Calif., February 28, 2022 – Supira Medical, Inc., a Shifamed portfolio company that is focused on developing a next-generation solution for temporary mechanical circulatory support, announced today the closing of $30M in Series C financing. Led by Cormorant Asset Management and The Capital Partnership (TCP), with participation from 415 CAPITAL, AMED Ventures, PA MedTech VC Fund and Shifamed angel investors, the funds will be used to finalize product development and initiate a first-in-human clinical study for the company’s high-flow, low-profile percutaneous ventricular assist device (pVAD).

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Supira Medical, A Shifamed Portfolio Company, Closes $30m in an Oversubscribed Series C Financing2022-02-25T15:55:43-08:00

Supira Medical, A Shifamed Portfolio Company, Closes $35M in Series B Financing

Company Appoints Seasoned Medtech Executive as President and CEO

CAMPBELL, Calif., March 5, 2020 – Supira Medical, formed by Shifamed as part of its medical innovation hub, announced today the closing of $35M in Series B financing. Officially closed on February 25, the financing was led by Cormorant Asset Management with participation from The Capital Partnership (TCP), 415 CAPITAL, AMED Ventures and Shifamed Angels. The funds will be used to advance product development and clinical efforts for the company’s next generation percutaneous ventricular assist device (pVAD). Additionally, the company announced the appointment of seasoned medical device executive, Dr. Nitin Salunke, as President and Chief Executive Officer.

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Supira Medical, A Shifamed Portfolio Company, Closes $35M in Series B Financing2020-04-17T11:43:44-07:00

1. Abiomed Jan 2020 JP Morgan Healthcare Conference presentation (1/14/20) | 2. Cardiac Interventions Today, Jan/Feb 2018.

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