Quinnova Pharmaceuticals (Newtown, PA) a commercial-stage specialty biopharma company focused on dermatological drug reformulations and foam delivery systems, closed a $17.4M Series B financing. Participants include Safeguard Scientifics, Thomas, McNerney & Partners, H.I.G. Ventures.

Neuronetics (Malvern, PA) a commercial-stage medical device company focused on transcranial magnetic neuromodulation for psychiatric and neurological disorders, closed a $36M Series D financing. Participants include New Leaf Venture Partners, Investor Growth Capital, Quaker BioVentures, Three Arch Partners, Onset Ventures, Interwest Partners and KBL Healthcare Ventures.

Inspired Technologies (North Huntingdon, PA) a commercial-stage medical device company focused on auto-titration of oxygen delivery for COPD patients, closed a $5.4M Series B financing. Participants have included Birchmere Ventures, Cardinal Partners, Draper Triangle Ventures and Innovation Ventures.

Embrella Cardiovascular (Malvern, PA) an early-stage medical device company focused on cerebral embolic protection during cardiovascular procedures, closed a $1.6M Series B bring the total financing to $6.7M. Participants include BioStarVentures, Edwards Lifesciences and MedFocus Fund.

Cardiorobotics (Pittsburgh, PA) a clinical-stage medical device company developing cardioArm robot technologies for use in minimally invasive cardiac interventions, closed a $16M Series A financing. Participants include Eagle Ventures, Pittsburgh Life Sciences Greenhouse and the Slater Technology Fund.

Cognition (Pittsburgh, PA) a preclinical-stage pharmaceutical company focused on Alzheimer’s and other neurodegenerative diseases, closed a $1.2M Series A financing. Participants include Ogden CAP, M5Invest Partners, Pittsburgh Life Sciences Greenhouse and Innovation Works.

Small Bone Innovations (Morrisville, PA) a commercial-stage a small bone and joint device company focused on arthroplasty, fixation, trauma and biologic solutions, closed a $35M Series D, bringing the total round financing to $108M. Participants include Goldman Sachs, Khazanah Nasional Berhad, Malaysian Technology Development Corp., The Family Office of Bahrain, Trevi Health Ventures, NGN Capital, [...]

Embrella Cardiovascular (Malvern, PA) an early-stage medical device company focused on cerebral embolic protection during cardiovascular procedures, closed a $5.1M Series B financing. Participants include BioStarVentures, Edwards Lifesciences and MedFocus Fund.

Avid Radiopharmaceuticals (Philadelphia, PA) a development-stage company focused on molecular imaging compounds for diagnostic and detection use in Alzheimer’s, dementia, Parkinson’s and diabetes, closed a $24.5M Series D financing. Participants include Alta Partners, AllianceBernstein, Safeguard Scientifics, Pfizer Venture Investments, Lilly Ventures, RK Ventures Group and BioAdvance.

Small Bone Innovations (Morrisville, PA) a commercial-stage a small bone and joint device company focused on arthroplasty, fixation, trauma and biologic solutions, closed a $73M Series D financing. Participants include 3i Group, NGN Capital, Trevi Health Ventures, Viscogliosi Brothers, Vollin Holdings, and The Family Office Co.

Foundation Radiology Group (Pittsburgh, PA) a diagnostic imaging professional services company offering on-site radiology and teleradiology solutions for hospital institutions and outpatient imaging centers, closed a $10M Series A financing. Participants include Chrysalis Ventures and Health Evolution Partners.

Garnet Biotherapeutics (Malvern, PA) a regenerative medicine company focused on dermatology, closed a $10.4M Series A financing. Participants include SCP Vitalife Partners, Safeguard Scientifics and Alliance Technology Ventures.