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ValenTx

valentx.com

Founded Year

2002

Stage

Series C - II | Alive

Total Raised

$49.31M

Last Raised

$1.97M | 4 yrs ago

About ValenTx

ValenTx is developing a new therapy to treat patients with obesity and obesity-related metabolic disorders such as type-2 diabetes and hypertension. The company's technology mimics the therapeutic mechanisms of a Roux-en-Y gastric bypass, and does this with a non-surgical, endoluminal bypass device.

Headquarters Location

6901 East Fish Lake road Suite 118

Osseo, Minnesota, 55369,

United States

763-222-1560

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Expert Collections containing ValenTx

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ValenTx is included in 4 Expert Collections, including Medical Devices.

M

Medical Devices

8,565 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

D

Diabetes

1,899 items

H

Health IT

7,901 items

D

Digital Health

310 items

ValenTx Patents

ValenTx has filed 1 patent.

The 3 most popular patent topics include:

  • Digestive system surgery
  • Bariatrics
  • Digestive system
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/2/2015

8/6/2019

Digestive system surgery, Bariatrics, Digestive system procedures, Obesity, Digestive system imaging

Grant

Application Date

11/2/2015

Grant Date

8/6/2019

Title

Related Topics

Digestive system surgery, Bariatrics, Digestive system procedures, Obesity, Digestive system imaging

Status

Grant

Latest ValenTx News

ValenTx raises $10.3 million for implantable gastric bypass device

Aug 17, 2018

Startup ValenTx has attracted nearly $10.3 million from 32 investors, according to a filing with the Securities & Exchange Commission. The Maple Grove, Minn. company is developing a removable gastric bypass device as an alternative to Roux-en-Y gastric bypass surgery. It raised $10,271,050 in the round begun July 18, 2018. The ValenTx endoluminal bypass therapy mimics the attributes of a Roux-en-Y gastric bypass and is implanted through a non-surgical, endoscopic procedure, according to the company’s website. This procedure does not require gastric stapling or permanent changes to the patient’s anatomy. The device is removable, replaceable and designed so that the physician could change the therapeutic profile, thereby optimizing the treatment toward the individual patient’s needs. ValenTx’s goal is to treat obesity and obesity-related metabolic disorders, such as type 2 diabetes and hypertension. The company’s board includes med tech veterans Paul LaViolette, formerly of Boston Scientific and now a Boston venture capitalist; and former Medtronic executive vice president Bob Griffin. ValenTx has conducted a series of clinical studies of the therapy, which has not received FDA approval. Studies are ongoing, according to the company, which did not reveal how it will use the money in its latest fundraising round.

ValenTx Frequently Asked Questions (FAQ)

  • When was ValenTx founded?

    ValenTx was founded in 2002.

  • Where is ValenTx's headquarters?

    ValenTx's headquarters is located at 6901 East Fish Lake road, Osseo.

  • What is ValenTx's latest funding round?

    ValenTx's latest funding round is Series C - II.

  • How much did ValenTx raise?

    ValenTx raised a total of $49.31M.

  • Who are the investors of ValenTx?

    Investors of ValenTx include SV Health Investors, TGap Ventures, Sapient Capital, EDF Ventures, Kaiser Permanente Ventures and 4 more.

  • Who are ValenTx's competitors?

    Competitors of ValenTx include Ivenix, Epitomee Medical, EndoGastric Solutions, ReShape Medical, SonarMed and 11 more.

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E
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EndoMetabolic Solutions is developing a medical device for the surgical treatment of obesity.

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