Imperative Care Announces $100 Million Financing [Yahoo! Finance]
Bank of America Corporation (BAC)
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Source: Yahoo! Finance
CAMPBELL, Calif., March 17, 2026 BUSINESS WIRE Imperative Care, Inc. , a medical technology company focused on advancing treatments for patients suffering from thromboembolic disease, today announced the closing of an oversubscribed $100 million convertible note financing. The round was co-led by new investors Elevage Medical Technologies and Perceptive Advisors in partnership with existing investor Catalio Capital Management, LP. New investors Longaeva Partners LP and Brown Advisory also participated in the financing. The round was supported by Imperative Care's existing investors, including Ally Bridge Group and Bain Capital Life Sciences. Imperative Care also announced the appointment of Evan Melrose, M.D., CEO of Elevage Medical Technologies, to its Board of Directors. A seasoned medtech investor and health care innovator, Dr. Melrose brings extensive experience built over decades identifying and supporting category-defining medical technology companies. Proceeds from the f
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