Fundraising Fox

Aqua Medical

Santa Ana, US · Founded 2016 · Delaware corporation · 2 known investors

Through-the-endoscope vapor ablation platform for treating metabolic disease and type 2 diabetes via transoral duodenal ablation

Biotech

Founders & leadership

MM
MICHAEL MADDENExecutive
SM
SEAN McWEENEYExecutive
HA
HAZIM ANSARIExecutive
LM
Lloyd MencingerExecutive
VS
VIRENDER SHARMANamed on SEC filing

Board

GB
GREG BARRETTBoard director
MG
MARK GILREATHBoard director

Investors · 2

Relevance VenturesBrentwood · $250K – $2.5M
ShangBay Capital LLCreportedPalo Alto

Reported raises · per SEC filings

Form D private placements

$10.1M disclosed across 3 rounds · 2017–2020

▶$6.8MraisedJul 2020 · 16 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael BlomeyerDirector
  • Lloyd MencingerExecutive Officer, Director
  • Greg BarrettDirector
  • Mark GilreathDirector
  • William DaiDirector
  • Virender K. SharmaDirector
Offering amount
$8.3M
Amount sold
$6.8M
First sale
Jul 2020
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.1MraisedFeb 2019 · 16 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Lloyd MencingerExecutive Officer, Director
  • Greg BarrettDirector
  • Mark GilreathDirector
  • Virender K. SharmaDirector
Offering amount
$3.7M
Amount sold
$3.1M
First sale
Jan 2019
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$205KraisedMar 2017 · 2 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • MICHAEL MADDENExecutive Officer
  • GREG BARRETTDirector
  • VIRENDER SHARMAExecutive Officer, Director
  • SEAN McWEENEYExecutive Officer
  • MARK GILREATHDirector
  • HAZIM ANSARIExecutive Officer
  • LLOYD MENCINGERExecutive Officer, Director
Offering amount
$2.5M
Amount sold
$205K
Minimum investment
$25K
Proceeds to insiders
$600K
First sale
Feb 2017
Incorporated
Limited Liability Company, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Aqua Medical Treats First U.S. Patient for Type 2 Diabetes at UNC Health Using Investigational Through-The-Scope Endoscopic Therapyprnewswire.com · Jul 2026Aqua Medical Raises $8.2M in Series A-3 Funding; Closes $15.5M Series A Roundfinsmes.com · Sep 2020Aqua Medical Announces Final $8.2 Million Equity Investment Led by ShangBay Capital to Close Its $15.5 Million Series A Financing Round | Newswirenewswire.com · Sep 2020Aqua Medical Raises $4M in Series A Round - Orange County Business Journalocbj.com · Jul 2018

Frequently asked questions

What does Aqua Medical do?
Through-the-endoscope vapor ablation platform for treating metabolic disease and type 2 diabetes via transoral duodenal ablation
Who are Aqua Medical's investors?
Aqua Medical's investors include Relevance Ventures, ShangBay Capital LLC.
How much funding has Aqua Medical raised?
Aqua Medical has disclosed $10.1M raised across 3 rounds.
Where is Aqua Medical headquartered?
Aqua Medical is headquartered in Santa Ana, US.