Surmodics Funding: How Much Did They Raise & Key Investors

How Much Did Surmodics Raise?
Funding & Key Investors

Surmodics has secured $140M in total capital, with a recent strategic investment of $125M announced on October 17, 2022. This significant financing underscores the company's established position in the medical device and diagnostics sectors, signaling a phase of substantial growth and strategic development.

What is Surmodics?

Surmodics

Manufacturing

Medical Devices & Equipment

Surmodics stands as a global leader in surface modification technologies, primarily serving the intravascular medical device industry. The company also holds a prominent position as a provider of essential chemical components for in vitro diagnostic (IVD) immunoassay tests and microarrays. Beyond its core component offerings, Surmodics actively designs and produces highly differentiated medical devices aimed at addressing critical unmet clinical needs within intravascular medicine.

How much funding has Surmodics raised?

Surmodics has raised a total of $140M across 2 funding rounds:

1998

Stock Offering

$15M

2022

Debt

$125M

Stock Issuance/Offering (1998): $15M, investors not publicly disclosed

Debt (2022): $125M led by MidCap Financial

Key Investors in Surmodics

MidCap Financial

MidCap Financial is a lender that tailors flexible financing solutions, focusing on providing quick and efficient capital to support business objectives.

What's next for Surmodics?

The recent major strategic investment suggests Surmodics is poised for accelerated expansion, likely focusing on enhancing its technological capabilities, broadening its product portfolio, and potentially increasing market penetration. This capital infusion is expected to fuel further innovation in surface modification and IVD components, reinforcing its competitive edge and supporting the development of advanced medical devices.

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Frequently Asked Questions Regarding Surmodics Financial Insights

What are the most recent funding rounds that Surmodics has completed, and what were the funding rounds?

Surmodics has recently completed 2 funding rounds: Debt on Oct 17, 2022, Stock Offering on Mar 3, 1998.

What is the total amount of funding Surmodics has raised to date?

Surmodics has raised a total of $140M in funding to date.

How many funding rounds has Surmodics completed?

Surmodics has completed 2 funding rounds.

How much funding did Surmodics raise in its most recent funding round?

Surmodics raised $125M in its most recent funding round.

Who are the lead investors in Surmodics's latest funding round?

The lead investor in Surmodics's latest funding round was MidCap Financial. To access investor data and explore similar companies, sign up for ZoomInfo.

Which was the largest funding round in Surmodics's history?

The largest funding round in Surmodics's history was $125M.

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