SONEX HEALTH CLOSES SERIES B FINANCING TO EXPAND PHYSICIAN AND PATIENT ACCESS TO MINIMALLY INVASIVE TREATMENT FOR CARPAL TUNNEL SYNDROME

EAGAN, Minn., Sept. 13, 2023 /PRNewswire/ -- Sonex Health, a leader in the ultrasound-guided treatment of common orthopedic syndromes affecting the extremities, today announced the closing of a Series B financing, raising a total of $40 million. The proceeds from this investment will be used to significantly expand access of the company's groundbreaking commercially available devices that use ultrasound guidance to safely and effectively treat patients suffering from the debilitating pain caused by carpal tunnel syndrome (CTS) and trigger finger (TF) and allow those patients to rapidly return to normal activities. KCK MedTech, a venture capital firm specializing in medical technology investments, led the company's Series A and Series B financings. In conjunction with this Series B financing, the company also closed on a new debt facility with venture lender, Horizon Technology Finance Corporation (NASDAQ:HRZN).