Mainstay Medical Holdings plc announced that it has received an equity round of funding ?115 million co-led by new investors, Gilde Healthcare Partners B.V. and Viking Global Investors LP on February 26, 2024. The transaction included participation from returning investors, Ally Bridge Group, Sofinnova Crossover I a fund managed by Sofinnova Partners SAS, Fountain Healthcare Partners Ltd. and Perceptive Advisors LLC and other investors in the business, Ireland Strategic Investment Fund and KCK Group. The company raised ?368 million ($400 million) in funding till date.