Close Menu
Eden Prairie Local News
    Facebook X (Twitter) Instagram
    Thursday, May 22
    • About
      • About EPLN
      • Team
      • EPLN in the News
      • Policies
    • Contact
    Facebook X (Twitter) Instagram Threads LinkedIn
    Subscribe
    Eden Prairie Local News
    • Home
    • Schools
    • Business
    • Sports
    • Public Safety
    • City
    • Calendar
    • Subscribe
    • Donate
    • More
      • Construction
      • Outdoors
      • Politics
      • Health
      • Spirituality
      • Community Service
      • Legacy
      • Obituaries
      • Arts
      • Family
      • Holidays
      • Letter to Editor
      • Listen
      • Jobs
    Eden Prairie Local News
    Home»Business»Elucent Medical receives over $42 million in funding
    Business

    Elucent Medical receives over $42 million in funding

    EPLN Staff ReportsBy EPLN Staff ReportsApril 11, 20242 Mins Read

    Elucent Medical, a medical technology company headquartered in Eden Prairie and focused on the field of surgical navigation, recently successfully completed a $42.5 million Series C funding round.

    The funding, led by Vensana Capital and RC Capital, with participation from existing investors, will contribute to the development and commercialization of Elucent’s EnVisio and Smart Clip technologies.

    “We are proud to have secured this substantial funding, which will advance our mission to radically change the way surgeons mark and locate their intended target for removal by turning their existing surgical instruments into intelligent tracking devices that elevate the standard of care in soft tissue oncologic procedures,” says Jason Pesterfield, president and CEO of Elucent Medical.

    Elucent’s EnVisio is currently optimized to guide the surgical treatment of breast cancer, with adoption of the technology expanding to address other soft tissue oncology surgeries. Elucent is also currently developing products to assist surgeons in resections in lung and other soft tissue clinical applications; these products integrate with existing tools and minimally invasive solutions, including video and robotic-assisted medical technologies.

    Advertisement
    Ad for Washburn McReavy

    New board members Greg Banker and Kirk Nielsen of Vensana Capital and Scott Steever of RC Capital said, “We are excited to partner with the company to support their efforts to establish themselves as the market leader in breast navigation and to complete the development and launch of products in lung and other soft-tissue applications.”

    Comments
    We offer several ways for our readers to provide feedback. Your comments are welcome on our social media posts (Facebook, X, Instagram, Threads, and LinkedIn). We also encourage Letters to the Editor; submission guidelines can be found on our Contact Us page. If you believe this story has an error or you would like to get in touch with the author, please connect with us.

    Be Informed
    Sign up for the FREE email newsletter from EPLN
    Subscribe
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHigh-end homes planned for two ‘infill’ projects
    Next Article FEPS announces $100k grant to Eden Prairie Schools

    More to READ

    2 Mins Read

    Elucent Medical receives FDA Breakthrough Device Designation for surgical tracking system

    May 18, 2025
    5 Mins Read

    Eden Prairie woman creates joy, one sweet bite at a time

    May 14, 2025
    5 Mins Read

    Live from Eden Prairie: It’s your turn to play the game

    May 10, 2025
    Subscribe to get EPLN in your inbox for FREE!
    Recent Articles

    Giant beaver is one signature away from becoming Minnesota’s state fossil

    May 21, 2025

    Eden Prairie High School program gives seniors a head start on careers

    May 21, 2025

    Shakopee man charged in Eden Prairie sexual assault of 15-year-old girl

    May 21, 2025

    EPHS synchronized swim team advances to state meet

    May 20, 2025

    Minnesota legislative session ends, still with a long to-do list

    May 20, 2025
    • Facebook
    • Twitter
    • Instagram
    • LinkedIn
    INN Network Member Guidestar Seal
    Eden Prairie Local News is a 501(c)(3) nonprofit organization EIN 85-4248265 | Copyright © 2020-2025
    • About
    • Policies
    • Jobs
    • Contact
    • Advertising
    • Subscribe
    • Donate

    Type above and press Enter to search. Press Esc to cancel.