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Ablative Solutions Secures Venture Capital Funds

Thursday, October 23, 2014 5:32:00 AM PDT | VentureDeal

   Kalamazoo, Michigan  --  Medical device technology company Ablative Solutions has received $4.7 million in new venture capital equity funding, according to an SEC regulatory filing.

Ablative has developed endovascular catheter technology as an alternative to surgical renal innervation for the treatment of hypertension and other diseases.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Ablative is still seeking $3.2 million in additional financing, according to the filing.

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