Shape Memory Medical Inc. Completes Series B Financing

Shape Memory Medical Inc

Represented Shape Memory Medical Inc. with the closing of the initial tranche of its $14 million Series B Preferred Stock Financing. The round was led by HBM Healthcare Investments Ltd. with additional investments coming from Wexford Capital LP Fund, HBM-MedFocus Fund, and Emergent Medical Partners. Read the press release.

Shape Memory is a Santa Clara-based medical device company founded to commercialize innovative medical devices minimally invasive (endovascular) applications based on Shape Memory Polymer (SMP) materials that were developed at Texas A&M University.

The Newport Beach-based team representing Shape Memory was led by Jeff Estes, with Larry Cohn contributing valuable wisdom.