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Funding round pulls in $27M for Allurion Technologies

A round of Series C financing brought in $27 million for Natick, Mass.-based Allurion Technologies, which makes the Elipse Balloon for promoting weight loss in obese patients. The company will use the proceeds for a clinical trial that will be launched next year to support FDA approval of its inflatable device, as well as to improve manufacturing and expand non-US sales by rounding out its sales and marketing team.

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