Suneva Medical Raises $35M in Debt and Equity Capital
January 13, 2014
Aesthetics company Suneva Medical has raised $35 million in debt and equity financing, comprised of a growth capital term loan, a working capital facility and a $20 million Series B equity round. The equity financing was led by Polaris Partners and included participation from HealthCare Royalty Partners, which also provided the term loan. The working capital facility was provided by Comerica Bank.
Suneva has now raised over $95 million in financing to date. In conjunction with the new investment, Polaris Partners' managing partner Brian Chee has joined the company's Board of Directors.