Sonendo, a developer of acoustic-based root canal technology, raised $94 million in its IPO, per Axios. It priced at $12 (below the $15-$17 range), for a $340 million fully dilited value. It will list on the NYSE (SONX) and raised $290 million from firms like General Atlantic, OrbiMed, Meritech Capital Partners and EW Healthcare.
Related Posts
Alaris Equity Partners Pours $65M into Sono Bello
This was a follow-on investment in the plastic surgery practice.
March 15, 2022
Sabra Health Care REIT Plans to Expand Relationship with Recovery Centers of America
Under the proposed agreement, Sabra would provide RCA a $325 million mortgage loan secured by eight inpatient addiction treatment centers.
September 14, 2021
Bright Health Group Closes $175M Raise
Bright Health Group is a technology enabled, value-based healthcare company that organizes and operates networks of affiliate care providers in managing population risk.
October 19, 2022
Memora Health Brings in $40M to Grow Platform
Transformation Capital led the financing
February 15, 2022