Append Medical Raises $4.35M In Initial Closing Of Extended Series A Round
07/06/23, 11:02 AM
Location
or yehudaMoney raised
$4.35 million
Industry
medical device
medical
biotechnology
health care
Round Type
series a
Investors
Alive Israel Health Tech Fund, Shoni Health Ventures
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.
Company Info
Location
or yehuda, tel aviv district, israel
Additional Info
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.