Suneva Medical Raises $35 MillionThursday, January 9, 2014
Suneva Medical Inc., a San Diego cosmetic dermatology company, has raised $35 million in debt and equity capital.
A Series B equity financing round led by Polaris Partners brought in $20 million, and a $15 million loan came from HealthCare Royalty Partners.
Joining Suneva’s board is Brian Chee, managing partner at the Waltham, Mass.-based Polaris Partners — one of the country’s more active health care and information technology venture firms.
Suneva’s products include ArteFill, an injectable dermal filler that reduces the appearance of wrinkles, as well as ReGenica — a skin rejuvenation product that purportedly accelerates the body’s own cells to repair, renew and resist damage that comes from aging and environmental stress.