Koya Medical, a healthcare company on a mission to transform lymphatic and venous care through a comprehensive suite of innovative, people-centric platforms, today announced the close of a $26 million Series B financing. The round was led by 3×5 Partners, along with new investors including Asahi Kasei Ventures, Cadence Healthcare Ventures, and existing investors Arboretum Ventures and Scientific Health Development, among others.
Proceeds from the financing will be used to accelerate the expansion and commercialization of its Dayspring® active compression system. The company will also use the funds to continue to advance the Dayspring platform and clinical research programs to pursue additional indications for lymphedema and venous disorders.
Dayspring is the first active compression treatment that enables movement and mobility cleared by the U.S. Food and Drug Administration (FDA) to…