The wireless pacemaker developer secured $50m in an Ascension Ventures-backed round that took its total funding past the $150m mark.
US-based wireless pacemaker producer EBR Systems raised $50m yesterday in a round backed by Ascension Ventures, the strategic investment fund formed by healthcare system Ascension Health.
Private equity firm MH Carnegie and venture capital firm Brandon Capital Partners co-led the round, which included investment firms Split Rock Partners and Emergent Medical Partners.
EBR Systems has developed a wireless heart pacemaker to modulate the cardiac rhythm of patients at risk of heart failure who are unable to undergo conventional cardiac pacing.
The…
