US-based medical device company AcuFocus secured $65m in funding last Tuesday, consisting of $40m in equity and a $25m ‘synthetic royalty’ payment from private equity firm Cowen Healthcare Royalty Partners. Cowen led the round, investing a total of $30m.
Also participating in the round were medical technology company Medtronic, eye health company Bausch & Lomb, and venture capital (VC) firms Versant Ventures, the Carlyle Group and Accuitive Medical Ventures.
Prior to the latest round, AcuFocus had raised about $34.5m, with…