The GE and Elbit Imaging-backed company uses focused ultrasound to treat various disorders, and has now raised more than $155m since 1999.
InSightec, an Israel-based medical device producer backed by industrial and household goods producer General Electric and holding company Elbit Imaging, has raised $22m in additional series D funding from its existing shareholders.
In addition to Elbit and General Electric, which had previously invested through its GE Healthcare unit, InSightec’s other backers include York Capital Management, GEOC Hengtong Investment Limited Partnership and MediTech Advisors.
Founded in 1999 with technology transferred from GE and Elbit Medical Imaging, InSightec has developed a non-invasive…