Fundz

Append Medical Raises $4.35M In Initial Closing Of Extended Series A Round

PRIVATEJul 06, 2023

Amount Raised

$4.35 Million

Round Type

Series A

Or YehudaBiotechnologyHealth CareMedicalMedical Device

Investors

Alive Israel Health Tech FundShoni Health Ventures

Description

Append Medical has raised $4.35 million as part of an extended series A Round. Investors include participants from the first tranche of the A round as well as new investors, Shoni Health Ventures and ALIVE Israel HealthTech Fund. The funding announced today will be used to support the company's first-in-human trials of AppligatorTM.

Quick answer

Append Medical raised $4.35 Million in a Series A round, dated July 6, 2023. Investors: Alive Israel Health Tech Fund and Shoni Health Ventures. Append Medical is based in Or Yehuda, Tel Aviv District, Israel.

How much did Append Medical raise?
Append Medical raised $4.35 Million in a Series A round on July 6, 2023.
Who invested in Append Medical?
Alive Israel Health Tech Fund and Shoni Health Ventures are named as investors in this round.
What does Append Medical do?
The Append Medical system is designed to prevent blood clot leakage by achieving complete LAA closure thus reducing the risk of stroke in patients with non-valvular atrial fibrillation.
Where is Append Medical based and how big is it?
Append Medical is based in Or Yehuda, Tel Aviv District, Israel.
Who are the decision-makers at Append Medical?
Fundz holds 1 contact at Append Medical. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Medical Device around the same time

Companies in the same sectors as Append Medical that raised within 45 days of this round, from Fundz verified event records.

  • Sanara MedTech raised $3M (Seed) on August 1, 2023.
  • Laplace Interventional raised an undisclosed amount (Series B) on July 25, 2023.
  • Tenon Medical raised $287K (Seed) on July 24, 2023.
  • Hubly raised $3M (Seed) on July 21, 2023.
  • CathVision raised $9M (Funding Round) on July 18, 2023.
  • Hubly raised $5M (Seed) on July 17, 2023.

Who to call at Append Medical, and when

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Company Information

Company

Append Medical

Location

Or Yehuda, Tel Aviv District, Israel

About

The Append Medical system is designed to prevent blood clot leakage by achieving complete LAA closure thus reducing the risk of stroke in patients with non-valvular atrial fibrillation. Its unique design may allow it to mitigate device-related thromboembolism risk by leaving minimal foreign material at the closure site. The procedure itself is intended to be simple, fast and requiring less pre-procedure planning.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Append Medical raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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