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0.000339558573853922 0.00169779286926985 0.00271646859083186 0.00135823429541593 -0.00339558573853995 -0.000339558573854043 -0.00271646859083198 -0.00169779286926997
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Monteris Medical Secures $28 Million in Growth Equity to Accelerate Revenue and Innovation in Minimally Invasive Neurosurgery [Yahoo! Finance]

Trinity Capital Inc. (TRIN) 
Company Research Source: Yahoo! Finance
MINNETONKA, Minn. March 12, 2026 /PRNewswire/ -- Monteris Medical , a private company leading the field in minimally invasive neurosurgery with its NeuroBlate® System for magnetic resonance-guided laser interstitial thermal therapy (LITT), announced today that it has closed $28 million in Series E equity financing. The equity capital will support the company's technology innovation program and other growth initiatives. Monteris also announced that it has refinanced its current debt and established a new $35 million credit facility with Trinity Capital. Proceeds from the equity financing will be used to expand the company's U.S. commercial footprint and accelerate Monteris' other growth initiatives in technology development, clinical research and geographic expansion. The equity round included Monteris' current lead investors, InnovaHealth Partners and Birchview Capital, LP, along with participation from several new investors including OSF Ventures, the investment arm of Peoria, I Show less Read more
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