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Mergers & Acquisitions

Galvanize Therapeutics merges, raises $100 million for pulsed electric field therapies

by Gina Vitale
September 25, 2022 | A version of this story appeared in Volume 100, Issue 34
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Galvanize Therapeutics, a specialist in energy-based medical devices, has announced a merger with two other firms developing pulsed electric field technology and the raising of $100 million in series B financing. Galvanize will put the cash toward advancing its Aliya pulsed electric field energy platform, which it says uses an electrical current to “interfere with cellular function in tissue.” The company’s initial areas of focus are chronic bronchitis, cardiac arrhythmia, oncology, and drug delivery.

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