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Cagent Vascular Raises $41.0M Series

Recently funded · $41.0M Series dHospitals and Health CareUSView source

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Cagent Vascular, the Wayne, PA-based company aiming to redefine balloon angioplasty with its Serration Remodeling Therapy (SRT), has closed a $41.0M Series D funding round. The capital infusion will support its mission to elevate vessel preparation and treatment outcomes for patients suffering from Peripheral Artery Disease (PAD) and Chronic Limb-Threatening Ischemia (CLTI).

Known for its Serranator® PTA Serration Balloon Catheter, the first and only angioplasty balloon featuring integrated serrations, Cagent Vascular secured investment from U.S. Venture Partners and Astoria Health Investors. The device creates controlled micro-serrations in arterial walls, designed to deliver greater lumen gain and reduced recoil in endovascular interventions.

Cagent Vascular, Inc. closed a $41 million Series D financing co-led by U.S. Venture Partners and Astoria Health Investors, following the first human use of its Serranator® SONIC IVL System. The funds will advance the commercialization of its dual-modality endovascular platform.

Led by Brian Walsh, the company's system combines serration therapy with lithotripsy to treat complex arterial disease. The financing will support its global pivotal trial and commercial launch, aiming to improve patient outcomes in a large market. More at: https://lnkd.in/eRUS77FB #MedTech #Vascular #Funding

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