Your Source for Venture Capital and Private Equity Financings

VC-funded Company:

Torax Medical
4188 Lexington Avenue North
Shoreview, MN 55126
Phone: 651-361-8900
www.toraxmedical.com

Torax Medical, Inc. is a privately held medical device company headquartered in St. Paul, Minnesota that develops and markets products designed to treat chronic diseases related to defective sphincter muscles. The company's technology platform, Magnetic Sphincter Augmentation (MSA), employs a small implant comprised of interlinked titanium beads with magnetic cores. The magnetic attraction between the beads augments the existing sphincter's barrier function to prevent reflux or incontinence. The devices are implanted with standard minimally invasive laparoscopic or surgical procedures.

Key Contact
Name
Todd Berg
Title
CEO
Funding Events

Date
Amount
Type
Investors
Valuation
09/19/12 $30,000,000 Series D Accuitive Medical Ventures
Kaiser Permanente Ventures
Mayo Medical Ventures
Piper Jaffray Merchant Banking
Sanderling Ventures
Thomas, McNerney & Partners
undisclosed


Featured Reading