NeuWave

Madison, United States Founded: 2004 • Age: 22 yrs Acquired By Ethicon
Microwave ablation systems for soft tissue and cancer are developed.
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About NeuWave

NeuWave is a company based in Madison (United States) founded in 2004 was acquired by Ethicon in March 2016.. NeuWave has raised $52.68 million across 9 funding rounds from investors including HHS, HIG BioHealth Partners and Versant Ventures. NeuWave operates in a competitive market with competitors including KLOwen, Aibo Medical, The InterMed Group, Panorama Eyecare and Therma Bright, among others.

  • Headquarter Madison, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ethicon Us, Llc
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $52.68 M (USD)

    in 9 rounds

  • Latest Funding Round
    $25 M (USD), Series C

    May 28, 2015

  • Investors
    HHS

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    Ethicon

    (Mar 07, 2016)

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Funding Insights of NeuWave

NeuWave has successfully raised a total of $52.68M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in May 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 9
  • Last Round Series C — $25.0M
  • First Round

    (01 Feb 2008)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2015 Amount Series C - NeuWave Valuation

investors

Sep, 2014 Amount Debt – Conventional - NeuWave Valuation

investors

Sep, 2012 Amount Series B - NeuWave Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in NeuWave

NeuWave has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS, HIG BioHealth Partners and Versant Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm managing investments in biotechnology and pharmaceuticals since 1999.
Founded Year Domain Location
Multiple sectors focused seed & early stage VC firm investing in the US, Europe & Asia
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by NeuWave

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - NeuWave

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Neuwave Comparisons

Employees
+
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Competitors of NeuWave

NeuWave operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KLOwen, Aibo Medical, The InterMed Group, Panorama Eyecare and Therma Bright, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Digital tools for orthodontists are provided by KLOwen.
domain founded_year HQ Location
Vascular interventional surgery robot systems are developed by the company.
domain founded_year HQ Location
Healthcare technology management services and equipment are provided.
domain founded_year HQ Location
Physician-led management services for eye care professionals are provided.
domain founded_year HQ Location
Provider of medical device management services
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about NeuWave

When was NeuWave founded?

NeuWave was founded in 2004 and raised its 1st funding round 4 years after it was founded.

Where is NeuWave located?

NeuWave is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.

Is NeuWave a funded company?

NeuWave is a funded company, having raised a total of $52.68M across 9 funding rounds to date. The company's 1st funding round was a Series B of $14M, raised on Feb 01, 2008.

What does NeuWave do?

NeuWave Medical has developed the Certus 140 Microwave Ablation System for soft tissue and cancerous tissue ablation including lung, liver, kidney cancers. Also provides probes and surgical tools to support the ablation procedure. Its a hand held device with flexible power delivery settings. They have received 510(k) clearance for their Certus 140TM 2.45 GHz Ablation System. In March 2016, NeuWave Medical was acquired by Ethicon, a division of Johnson Johnson.

Who are the top competitors of NeuWave?

NeuWave's top competitors include KLOwen, Therma Bright and The InterMed Group.

Who are NeuWave's investors?

NeuWave has 7 investors. Key investors include HHS, HIG BioHealth Partners, Versant Ventures, Venture Investors, and SWIB (State of Wisconsin Investment Board).

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