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Femasys Lands $10 Million Medical Device Funds

Monday, May 4, 2015 5:47:00 AM PDT | VentureDeal
   Suwanee, Georgia  --  Medical device technology company Femasys has received $10 million in development stage venture capital.

Femasys is developing a non-surgical female sterilization device that operates through a catheter-based system.

The device promises to allow physicians to perform this procedure from their office.

Legacy Capital Partners and Mario Family Partners co-led the round.

The company said it plans to use the funding to achieve the Investigational Device Exemption (IDE) milestone for its FemBloc device.

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PCI - Level1