Chanhassen, MN · Founded 2014 · Privately Held (backing)
Developer of a sonodynamic therapy device designed to treat solid tumors through non-invasive outpatient care. Alpheus Medical is based in Chanhassen, MN and was founded in 2014. It was valued at $140 million at its later-stage round in May 2025, the last priced event on record. It has raised $83.4 million across 2 recorded rounds; the latest was a $34.5 million early-stage round in May 2025.
PMV mark · valuation
$140.0M
Oct 2026
Priced at
its later-stage round
May 2025
Total raised
$83.4M
Last round
Early Stage VC
May 2025
Cap table — not yet on record
Alpheus Medical's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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·The complete investor list: 11 names
·Watch Alpheus Medical: the Monday email on marks, rounds and moves
Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Alpheus Medical's 2 recorded funding rounds.