PEAK Surgical’s plasma electrosurgical tools net $21M
Palo Alto, Calif.-based PEAK Surgical, a device company developing new surgical tools that aim to control bleeding via electric energy, raised $21 million in a third funding round. Investors included Signet Healthcare Partners, Lehman Brothers and Venrock Associates.
The company is working on new electrosurgical tools that it says should offer significant improvements over the existing technology for using electric pulses to heat surgical instruments for cutting or coagulation of tissue. PEAK doesn’t go into great… Continue Reading
Peak Surgical raises $8M for surgical device
Peak Surgical Inc., a Palo Alto, Calif.-based surgical device startup, has raised around $8 million in Series B funding, according to a regulatory filing cited by PE Week Wire. Backers include Venrock Associates and Lehman Brothers.