Ultrasound Device Maker Vensica Medical Raises $2M

October 16, 2017 | Israeli-based overactive bladder treatment startup Vensica Medical has raised $2 million in a round led by Minnesota-based urology and gynecology device proprietor Cogentix Medical. Cogentix will receive one seat on the Vensica board with options to acquire the entire company for an additional $8 million. Vensica Medical is a private preclinical startup in the process of developing a system to treat overactive bladder (an urgent need to urinate and involuntary loss of bladder control) by using a type of needle-free ultrasound device that will deliver Botox to the bladder using ultrasound technology. Vensica Medical was founded by Avner Geva in 2014.