Funding round
MiRus Growth
Reported as "Growth Equity"
MiRus, which works in medical device development and manufacturing in Marietta, raised $65M in a Growth round announced on 27 Jul 2021, led by Mammoth Scientific. 2 firms took part, with 1 individual investor. It is MiRus' first venture round on record.
$65M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
MiRus did not disclose a valuation in this round. It is MiRus' first venture round on record, 6 years after it was founded in 2015. It is 4.2% of the $1.56B MiRus has raised in the venture rounds on record. MiRus raised again 58 months later: a Growth round of $1.50B in May 2026.
MiRus' funding rounds
MiRus has 2 venture rounds on record. This one is highlighted.
- Growth this round 27 Jul 2021, led by Mammoth Scientific $65M
- Growth 18 May 2026, led by Boston Scientific Corporation $1.50B
Investors
Who put money in
Mammoth Scientific led the round with 1 other firm.
Lead investor
- Mammoth Scientific new investor
Also in the round
- multi-generational family offices
Individual investors: Jay Yadav.
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
25 Growth rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $48M, and this round was 1.4 times the median. The closest in time, other companies' Growth rounds in Medical Supply Manufacturers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Medical Supply Manufacturers | 12 Jul 2021 | undisclosed | not disclosed | CPS Capital |
| Medical Supply Manufacturers | 27 Aug 2021 | $30M | not disclosed | Squadron Capital and OnPoint Advisors |
| Medical Supply Manufacturers | 10 Jun 2021 | $24M | not disclosed | Crédit Mutuel Equity |
| Medical Supply Manufacturers | 24 Aug 2021 | $16M | not disclosed | RC Capital |
| Medical Supply Manufacturers | 28 Apr 2021 | $57M | not disclosed | not named |
| Medical Supply Manufacturers | 7 Apr 2021 | $55M | not disclosed | RA Capital |
| Medical Supply Manufacturers | 19 Oct 2021 | $46M | not disclosed | Ally Bridge Group |
| Medical Supply Manufacturers | 20 Oct 2021 | $30M | not disclosed | Melker Schörling |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did MiRus raise in its Growth round?
MiRus raised $65M in its Growth round, announced in Jul 2021.
Who led MiRus' Growth round?
Mammoth Scientific led it, with multi-generational family offices.
What was MiRus' valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Medical Supply Manufacturers?
25 Growth rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $48M, and this round was 1.4 times the median.
Did MiRus raise again after this round?
Yes: a Growth round in May 2026 of $1.50B.