Sunday, December 22, 2024

Elysium Health: Raises $40M in Series C Financing

Elysium Health: Raises $40M in Series C Financing

  • Elysium Health, Inc., a NYC-based life sciences company, raised $40m in Series C equity and debt financing
  • The round was led by GISEV Family Office and joined by Mayo Clinic Ventures and venture lender Western Technology Investment
  • Returning investors General Catalyst, Morningside Ventures, and Breyer Capital also participated
  • Despite being a mix of debt and equity, the majority of the current round was equity
  • The new money raised will be to expand Elysium Health’s product portfolio and pipeline
  • The company had previously raised about $30M, giving it a total of roughly $70M in funding

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