Loading organizations...
§ Private Profile · Minnetonka, MN, USA
Medical device company developing proprietary devices for repairing the spinal annulus after discectomy surgery.
Based in Minnetonka, Minnesota, Anulex Technologies was a medical device manufacturer that developed proprietary minimally invasive technologies for repairing soft tissues of the spine following discectomy procedures. The company primarily targeted orthopedic surgeons and neurosurgeons with products like the Xclose Tissue Repair System and the Inclose Surgical Mesh System, which were specifically designed to reduce the risk of spinal disc re-herniation. To support clinical trials and commercialization efforts, the enterprise raised $74.5 million in total venture funding from lead investors including New Enterprise Associates, Split Rock Partners, Delphi Ventures, and Affinity Capital Management. Following regulatory challenges and difficulties securing Medicare reimbursement, the firm officially ceased operations around 2014, shortly after Boston Scientific acquired its fiXate tissue band product line in April 2013. Anulex Technologies was originally founded in February 2001 by unnamed founders.
Anulex Technologies has raised $14.0M across 2 funding rounds.
Anulex Technologies has raised $14.0M in total across 2 funding rounds.
Anulex Technologies has raised $14.0M across 2 funding rounds. Most recently, it raised $3.8M Debt in March 2010.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 25, 2010 | $3.8M Debt Financing | — | — | Announced |
| Jun 15, 2009 | $10.2M Series D | — | Affinity Capital, Delphi Ventures, MB Venture Partners, NEW Enterprise Associates, SightLine Partners, Split Rock Partners | Announced |
Anulex Technologies has raised $14.0M in total across 2 funding rounds.
Anulex Technologies's investors include Affinity Capital, Delphi Ventures, MB Venture Partners, New Enterprise Associates, Sightline Partners, Split Rock Partners.