These medtech companies raised the most VC last year

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9. Fractyl Laboratories

Lexington, Mass.
Venture capital raised: $38.38 million

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Fractyl Laboratories raised $38.38 million for the later stage of its development during the third quarter of 2017, MoneyTree reports. This is the company’s fifth investment sequence. Venture capital investors include Allen & Co., Bessemer Venture Partners, Domain Associates and Mithril Capital Management.

Fractyl Laboratories is developing Revita DMR. The Revita DMR is a same-day, minimally-invasive procedure that treats type 2 diabetes and NAFLD/NASH.

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