Endomag
Latest round
- Series D
Last raised
- Nov 2020
Total raised
- $37M
Investors
- 5
About Endomag
Founded in 2007 and based in Cambridge, UK, Endomagnetics Limited, trading under the name Endomag, operates as a developer of magnetic surgical instruments that help minimally invasive procedures for cancer treatments. The company also manufactures dental instruments. The company was established as a result of collaborative research at the University College London (UCL) and the University of Houston. Since its inception, Endomag has expanded its reach globally, with its products being utilized by over 1,350 hospitals across more than 45 countries, spanning six continents. In January 2024, Hologic, Inc. agreed to acquire Endomagnetics Ltd. from Bloomsbury Bioseed Fund, Sussex Place Ventures, New Wave Ventures, Sarum Partners, UCL Business plc, and Molten Ventures for USD 310 million. Endomag has developed a range of technologies aimed at solving problems in breast cancer surgery. Their flagship product, the Sentimag surgical guidance platform, stands as a testament to their dedication to improving patient outcomes. Endomag's other products, including MagseedPro, Magseed, and Magtrace, provide physicians with tools for precise and less invasive surgical interventions. These technologies have been instrumental in aiding the identification and removal of breast cancer. Endomag's revenue stream primarily stems from the adoption of its technologies by hospitals globally.
Who invested in Endomag
5 investors across 5 rounds
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Questions about Endomag
Who invested in Endomag?
Endomag has 5 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Endomag raised?
Endomag has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Endomag last raise money?
Endomag's most recent round on record is a Series D, in Nov 2020.
What does Endomag do?
Founded in 2007 and based in Cambridge, UK, Endomagnetics Limited, trading under the name Endomag, operates as a developer of magnetic surgical instruments that help minimally invasive procedures for cancer treatments.
Where is Endomag headquartered?
Endomag is headquartered in Cambridge, UK.
Which VCs invest in companies like Endomag?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back medical devices & equipment companies at Endomag's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series D
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