Alpheus Medical

BiotechnologySeries BChanhassen, USalpheusmedical.com

Latest round

Series B

Last raised

May 2025

Total raised

$82M

Investors

7

About Alpheus Medical

Founded in Chanhassen, US, Alpheus Medical Inc. operates in the neuro-oncology space, focusing on advanced treatment options for brain cancer. The company has conducted 3 deals, with their most recent deal occurring on May 15, 2025.Alpheus Medical, Inc. specializes in a pioneering sonodynamic therapy (SDT) platform aimed at treating aggressive brain cancers, particularly glioblastoma multiforme (GBM). The company's primary product features a proprietary non-invasive device that uses ultrasound to activate an FDA-approved drug designed to target cancer cells. This innovative treatment approach allows for the delivery of ultrasound across the entire diseased hemisphere of the brain, addressing tumor cells that extend beyond visible borders. The therapy is administered in an outpatient setting, with patients remaining awake and able to return home the same day.Alpheus Medical generates revenue through transactions facilitated by its novel sonodynamic therapy platform. The company engages healthcare providers and cancer treatment centers directly, offering its proprietary device and associated drug for outpatient treatment of GBM. Transactions occur on a B2B basis, where medical facilities may integrate the therapy into their treatment offerings for patients diagnosed with brain tumors.In May 2025, Alpheus Medical Inc. The company aims to expand its innovative treatment solutions into new markets, with a focus on enhancing its presence in the neuro-oncology sector as the technology develops.

Who invested in Alpheus Medical

7 investors across 3 rounds

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Funding rounds

  1. Series B

    May 15, 2025

    Amount

    $52M

    Investors

    Locked

  2. Series A

    Oct 25, 2022

    Amount

    $14M

    Investors

    Locked

  3. Series A

    Nov 17, 2021

    Amount

    $16M

    Investors

    Locked

Questions about Alpheus Medical

Who invested in Alpheus Medical?

Alpheus Medical has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Alpheus Medical raised?

Alpheus Medical has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Alpheus Medical last raise money?

Alpheus Medical's most recent round on record is a Series B, in May 2025.

What does Alpheus Medical do?

Founded in Chanhassen, US, Alpheus Medical Inc.

Where is Alpheus Medical headquartered?

Alpheus Medical is headquartered in Chanhassen, US.

Which VCs invest in companies like Alpheus Medical?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Alpheus Medical's stage. Their profiles are linked below.

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