HistoSonics is a privately held medical device company developing non-invasive platforms and proprietary sonic beam therapy utilizing the science of histotripsy, a novel mechanism of action that uses focused ultrasound to mechanically destroy and liquify unwanted tissue and tumors. The company is currently focused on commercializing their Edison System in the US and select global markets for liver treatment while expanding histotripsy applications into other organs like kidney, pancreas, prostate, brain, and others. HistoSonics has offices in Ann Arbor, Michigan, and Minneapolis, Minnesota. The EdisonĀ® System is intended for the non-invasive mechanical destruction of liver tumors, including the partial or complete destruction of unresectable liver tumors via histotripsy. The FDA has not evaluated the Edison System for the treatment of any specific disease or condition.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
08/15/24 | $102,000,000 | Series D |
Alpha Wave Ventures Amzak Health HealthQuest Capital Johnson & Johnson Innovation Lumira Ventures State of Wisconsin Investment Board Yonjin Venture | undisclosed |