Advanced Technology Ventures

Morgenthaler, ATV vets team up for new $172M early-stage life science venture capital fund

Four general partners from Advanced Technology Ventures‘ and Morgenthaler Ventures‘ life science teams have joined forces to invest up to $172 million in biopharmaceutical and medical device startups. Lightstone Ventures, led by Michael Carusi and Jean George from ATV and Morgenthaler’s Chris Christoffersen and Hank Plain, said today it’s closed its first life science venture […]

Devices & Diagnostics

Massachusetts-based device company raises $34.76 million to fund US pivotal clinical trial, execute commercial strategy abroad

  GI Dynamics, Inc., a Lexington, Mass.-based company known for its EndoBarrier  Therapy, which it claims can reduce blood-sugar levels and offer weight-loss results in Type 2 Diabetes patients, has raised $34,755,000 in equity and CDIs, according to a regulatory filing it made with the SEC on July 22. The company still seeks $17,745,000, which […]