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Galway-based Palliare completes $8M Series A funding round

Galway’s Palliare, an emerging company with the vision to create a safer operating room, this week announced the closing of an oversubscribed $8 million Series A funding round. The round was led by leading European Life Sciences Venture Capital firm Seroba Life Sciences, with participation from Luxembourg-based SCM AD Ventures, The Western Development Commission, and several private investors. The funds will be used to support US commercial launch activities related to Palliare’s EVA15 insufflator and smoke evacuation system, as well as new Research & Development activities.

 

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