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Shape Memory Medical Secures $10 Million Financing to Support Aortic Clinical Development.

Aug 24, 2026•about 3 hours ago

Contract Type

contract

San JoseManufacturingBiotechnologyHealthcareHealth CareMedical Device

Description

Shape Memory Medical has successfully closed a $10 million convertible note financing led by August Global Partners to further its aortic clinical programs. This financing will support the clinical development of their aortic portfolio, including the AAA-SHAPE Pivotal Trial and FLAGSHIP feasibility trial.

Company Information

Company

Shape Memory Medical

Location

1321 RIDDER PARK DRIVE, SUITE 10

San Jose, California, United States

About

Shape Memory Medical Inc. is a developer of custom shape memory polymers for endovascular markets, dedicated to developing innovative therapeutic solutions with its proprietary shape memory polymers, with devices approved in more than 25 countries.

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