EW Healthcare Partners has led a $45 million equity financing round into Cardiva Medical, according to a news release.
EW Healthcare Partners, a new investor, joined Cardiva’s existing major investors, including affiliates of Luther King Capital Management, PTV Healthcare Capital, and Evidity Health Capital, in the round.
Cardiva, based in Santa Clara, Calif., is a medical device company focused on vascular closure.
EW Healthcare Partners, with U.S. offices in Houston, New York, and Palo Alto, Calif., is a private healthcare investment firms that seeks to make growth equity investments in commercial-stage companies. Founded in 1985, the firm targets investments in the pharmaceutical, medical device, diagnostics, and technology-enabled services sectors in the United States and Europe.