” Marc Beer Has Raised $42M for Women Health Startup “

Renovia Inc., a company committed to the development of therapeutic and diagnostic products, has closed $32.3 million Series B round of financing and $10 million in venture debt. The funds will go to the development of more therapeutic and diagnostic products for diagnosis and treatment of pelvic floor disorder in women.

 

Renovia sought the advisory services of BayCross Capital Group as they participated in Series B financing with Inova Strategic, Longwood Fund among other firms. The Series B financing was overseen by Perceptive Advisors and Ascension Ventures.

 

Marc Beer, Co-Founder, Chairman and CEO of Renovia Inc., said that they were glad for the unanimous support they got from leading investors in the industry who also look to improve the lives of women affected by pelvic floor disorder around the world. He commended the companies that came together for the financing because it was in line with their clinical as well as commercial vision.

 

Combining their sophisticated technologies, form factor and digitalized platform, according to Marc Beer, will drive greater knowledge as well as understanding of pelvic floor disorders and lead to reduced costs of health care in the end. The support they have so far garnered demonstrats the value investors have seen in the Renovia’s diagnostic and treatment products for pelvic floor disorders such as urinary incontinence.

 

It has been revealed that over 250 million women across the world are affected by urinary incontinence. Since Renovia came to being, it has worked hard to alleviate the pain of the women across the world and improve their lives. Renovia’s first product, leva device, received FDA approval in April and it is designed to control the movement of the levate plate.

 

The company leverages on technology as well as value-based data to provide affordable as well as precise treatment of pelvic muscle in real-time at the same time tracking the process of recovery. The company’s leadership team is now stronger as three renowned executives joined the leadership team.

 

About Renovia

 

Renovia, headquartered at Boston, Massachusetts, was founded in 2016 to develop as well as commercialize products for diagnosing and treating condition-specific pelvic floor disorders affecting millions of women in the world. With the use of innovative products and technologies, Renovia Inc. is able to train pelvic muscle movement at the same time track the recovery process.

 

About Marc Beer

 

With over 25 years of experience in the health sector, Marc Beer is an expert in development as well as commercialization of pharmaceuticals, devices, biotechnology as well as diagnostics. Along with Ramon Iglesias he embarked on a journey to impact lives of women living with pelvic floor disorders by founding Renovia in 2016. He has been very successful in sourcing for funds because not only has he closed Series A, but also Series B. He has built a legacy in the health care having founded various companies and leaded many companies to prosperity. Additionally, he sits in boards of directors of various companies and organizations. Learn more: https://renoviainc.com/leadership/

Sick Boy Starts A Whole New Chapter For The Chainsmokers

Staying in the limelight can be difficult for any amount of time. Celebrities around the world often get a smack in the face when they realize what it really entails. Sure, there are many great things that come along with popularity and fame, but they have their downsides. The Chainsmokers are one of the hottest DJ’s duos in America these days, or at least they were for the last few years. As of late, they have completely turned around their style of music. As most people know them, they are famous for their hip-hop and dance music, blending the two together and making smash collabs with other artists.

Since first rising to fame, The Chainsmokers have managed to release many number one hits and stay at the top of the billboards for months at a time. Hits like “Roses” and “Paris” to name a couple. Now, the Chainsmokers have started releasing a much more serious and dark sounding music, which also has some real meaning behind it. Unlike their music in the past, which has been centered around having a good time and living the party life, “Sick Boy” takes the bands music in a whole new direction.

When talking about what inspired the change, Alex Pall of the Chainsmokers talked about creativity and expanding as musicians, since he and his partner feel they have become limited since becoming famous. They love their music and the style, but after a while, they began to keep producing the same stuff simply because people kept wanting more. For Alex and Andrew, they want to be able to express more in their music and connect with their audiences differently, outside of the fun party music. In face of the critics, they have done well to create a new sound and it has been received quite well by the public so far, making it halfway up the music billboards since “Sick Boy” released in January.

https://www.interviewmagazine.com/music/the-chainsmokers