About Salient Surgical Technologies
Salient Surgical Technologies is a company based in Portsmouth (United States) founded in 1999 was acquired by Medtronic in July 2011.. Salient Surgical Technologies has raised $120.5 million across 7 funding rounds from investors including Medtronic, Legacy Health and BMO Global Asset Management. Salient Surgical Technologies operates in a competitive market with competitors including Sequana Medical, Yaqrit, CalmiGo, Xlumena and Autem Therapeutics, among others.
- Headquarter Portsmouth, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Salient Surgical Technologies Inc
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Funding Insights of Salient Surgical Technologies
Salient Surgical Technologies has successfully raised a total of $120.5M across 7 strategic funding rounds. The most recent funding activity was a Series G round of $15.1 million completed in January 2010. 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 Funding
- Total Rounds 7
- Last Round Series G — $15.1M
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First Round
First Round
(01 Oct 2000)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2010 | Amount | Series G - Salient Surgical Technologies | Valuation |
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| Mar, 2009 | Amount | Series F - Salient Surgical Technologies | Valuation |
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| Oct, 2008 | Amount | Series F - Salient Surgical Technologies | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Salient Surgical Technologies
Salient Surgical Technologies has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Medtronic, Legacy Health and BMO Global Asset Management. 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.
| Investor | Description | Founded Year | Domain | Location |
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Expansion stage tech-focused VC firm investing primarily in the US
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Salient Surgical Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Salient Surgical Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Salient Surgical Technologies Comparisons
Competitors of Salient Surgical Technologies
Salient Surgical Technologies 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 Sequana Medical, Yaqrit, CalmiGo, Xlumena and Autem Therapeutics, 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 |
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Implantable battery-powered pumps for ascites removal are developed.
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Liver dialysis devices for treating cirrhosis and failure are developed.
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Stress-relief devices are developed using smart breathing regulation technology.
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| domain | founded_year | HQ Location |
Image-guided therapeutic endoscopy devices are developed for medical procedures.
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| domain | founded_year | HQ Location |
Bioelectric platforms for cancer treatment are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Salient Surgical Technologies
Frequently Asked Questions about Salient Surgical Technologies
When was Salient Surgical Technologies founded?
Salient Surgical Technologies was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is Salient Surgical Technologies located?
Salient Surgical Technologies is headquartered in Portsmouth, United States. It is registered at Portsmouth, Virginia, United States.
Who is the current CEO of Salient Surgical Technologies?
Geoffery Martha is the current CEO of Salient Surgical Technologies.
Is Salient Surgical Technologies a funded company?
Salient Surgical Technologies is a funded company, having raised a total of $120.5M across 7 funding rounds to date. The company's 1st funding round was a Series F of $17.9M, raised on Oct 01, 2000.
What does Salient Surgical Technologies do?
Founded in 1999 in Portsmouth, United States, electrosurgical systems for medical applications were developed by Salient Surgical Technologies. Initial focus was placed on monopolar devices used in liver and pancreatic resections. Subsequent products included the bipolar AQUAMANTYS System, applied in orthopaedic reconstruction, spine surgery, trauma, and oncology. Acquisition by Medtronic occurred in 2011, integrating these technologies into broader surgical solutions.
Who are the top competitors of Salient Surgical Technologies?
Salient Surgical Technologies's top competitors include Sequana Medical, Yaqrit and CalmiGo.
Who are Salient Surgical Technologies's investors?
Salient Surgical Technologies has 18 investors. Key investors include Medtronic, Legacy Health, BMO Global Asset Management, Piper Jaffray, and Brait.