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Ablative Garners Venture Capital Debt Funding

Tuesday, April 09, 2013 5:58:00 AM PDT | VentureDeal

   Fair Haven, New Jersey  --  Medical device company Ablative Solutions has raised $1 million in venture capital debt investment, according to an SEC regulatory filing.

Ablative is developing technology involving endovascular catheters to provide a safe alternative to surgical renal denervation.

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

Ablative is still seeking $450,000 in additional debt financing, according to the filing.

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