Dublin’s ProVerum Secures $80 Million in Series B Funding to Advance Enlarged Prostate Treatment
Dublin, Ireland – August 26, 2025 – ProVerum, a pioneering medical technology company dedicated to improving the lives of men suffering from benign prostatic hyperplasia (BPH), commonly known as an enlarged prostate, today announced the successful closing of an $80 million Series B funding round. This significant investment, led by [Lead Investor Name – if available, otherwise omit or use a placeholder like ‘prominent venture capital firms’] and joined by [Other Investor Names – if available], marks a pivotal moment for the company and underscores the immense potential of its innovative solution.
The substantial capital injection will fuel ProVerum’s efforts to further develop, scale, and commercialize its groundbreaking treatment for BPH. The company’s unique approach aims to provide a minimally invasive and highly effective solution, offering a much-needed alternative to existing treatment options that often come with undesirable side effects or are not suitable for all patients.
Benign prostatic hyperplasia affects a vast number of men worldwide, particularly as they age, leading to significant discomfort, urinary difficulties, and a diminished quality of life. Current treatment paradigms, including medication and more invasive surgical procedures, can present challenges such as erectile dysfunction, retrograde ejaculation, and a lengthy recovery period. ProVerum’s technology is designed to address these limitations, offering a gentler yet powerful approach to restoring normal urinary function.
“We are thrilled to announce this significant milestone for ProVerum,” said [CEO Name – if available], CEO of ProVerum. “This Series B funding is a testament to the hard work and dedication of our team, the robustness of our technology, and the clear unmet need in the BPH market. With this capital, we are well-positioned to accelerate our mission of transforming BPH treatment and improving the lives of millions of men globally.”
The funding will be strategically allocated to several key areas, including:
- Further Clinical Development: Expanding clinical trials to gather comprehensive data and support regulatory submissions in key markets.
- Manufacturing Scale-Up: Enhancing production capabilities to meet anticipated demand and ensure a reliable supply of the company’s innovative device.
- Commercialization and Market Expansion: Building out a robust commercial infrastructure and launching the product in targeted geographical regions.
- Continued Research and Development: Investing in ongoing innovation to further refine the technology and explore new applications.
The investment community’s confidence in ProVerum highlights the growing recognition of the significant market opportunity and the company’s strong potential for impact. The $80 million raise positions ProVerum to become a leader in the rapidly evolving medtech landscape for urological health.
ProVerum’s commitment to patient well-being and its innovative approach to BPH treatment are poised to make a substantial difference in the lives of men worldwide. This Series B funding represents a critical step forward in achieving that vision.
Dublin’s ProVerum bags $80m for its enlarged prostate solution
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