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Pulsed Field Ablation Innovator Argá Medtech Announces €54 Million Oversubscribed Series B Capital Raise

PRIVATEFeb 27, 2024

Amount Raised

€54 Million

Round Type

Series B

EpalingesManufacturingBiotechnologyHealth CareMedical Device

Investors

Gilde HealthcareEarlybird Health (Germany)Advent Life Sciences (Uk)

Description

Argá Medtech announced the closure of a €54M oversubscribed Series B funding. The financing enables Argá Medtech to advance the development of its innovative CSE™ Pulsed Field Ablation (PFA) system for treating AF through the execution of an IDE study in the US and a CE Mark study in the EU.

Quick answer

Argá Medtech raised €54 Million in a Series B round, dated February 27, 2024. Investors: Gilde Healthcare, Earlybird Health (Germany) and Advent Life Sciences (Uk). Argá Medtech is based in Epalinges, Vaud, Switzerland.

How much did Argá Medtech raise?
Argá Medtech raised €54 Million in a Series B round on February 27, 2024.
Who invested in Argá Medtech?
Gilde Healthcare, Earlybird Health (Germany) and Advent Life Sciences (Uk) are named as investors in this round.
What does Argá Medtech do?
Argá Medtech is a private company developing Coherent Sine-Burst Electroporation™ (CSE™), a next-generation cardiac ablation system for treating cardiac arrhythmias, including atrial fibrillation (AF).
Where is Argá Medtech based and how big is it?
Argá Medtech is based in Epalinges, Vaud, Switzerland.
Who are the decision-makers at Argá Medtech?
Fundz holds 1 contact at Argá Medtech. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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

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

  • Neurovalens raised $2.7M (Seed) on April 8, 2024.
  • Biobot Surgical raised $18M (Series B) on March 7, 2024.
  • Shape Memory Medical raised $38M (Series C) on March 4, 2024.
  • Shape Memory Medical raised $38M (Series C) on March 4, 2024.
  • EMVision raised $10M (Corporate Round) on February 28, 2024.
  • MED-X raised $100K (Pre-Seed) on February 27, 2024.

Who to call at Argá Medtech, and when

A new round usually means Argá Medtech is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Argá Medtech

Location

Epalinges, Vaud, Switzerland

About

Argá Medtech is a private company developing Coherent Sine-Burst Electroporation™ (CSE™), a next-generation cardiac ablation system for treating cardiac arrhythmias, including atrial fibrillation (AF). The company is setting the standard for the next-generation Pulsed Field Ablation (PFA) systems with its versatile catheter design able to create circular, linear, and focal lesions, coupled with a unique CSE™ PFA waveform that allows energy titration based on tissue depth to achieve durable lesions.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Argá Medtech 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.