Perceptive Medical Closes Seed A Round

The company is pleased to announce it has just closed its Seed A fundraising round. Led by a combination of private investors and The Cove Fund, the round is intended to advance the company's commercial product design, further outline the regulatory strategy and interact with the FDA, and advance towards manufacturing readiness. We're excited in particular to join Cove Fund's portfolio and the future support that the fund will bring in terms of connections and expertise. As part of the investment Cove Fund will receive a board seat to represent the Seed A investors. The funding is anticipated to provide around 18 months of runway and with anticipated progress should position the company well for the next round to engage in manufacturing.