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Conavi Medical Enters Into Funding Agreements For Over $20 Million To Support Commercialization Of Its Innovative Intravascular Image Guidance Technology

PRIVATEDec 15, 2021

Round Type

Funding Round

TorontoManufacturingBiotechnologyHealth CareMedicalMedical Device

Description

Conavi Medical Inc. (www.conavi.com), a leader of hybrid imaging guidance for common minimally invasive heart procedures, has entered into agreements for over $20 million in funding to support commercialization and growth as it prepares its innovative Novasight Hybrid® System for market. The company aims to raise an additional $10 million as part of an ongoing financing effort.

Quick answer

Conavi Medical raised an undisclosed amount in a Funding Round round, dated December 15, 2021. Conavi Medical is based in Toronto, Ontario, Canada.

How much did Conavi Medical raise?
Conavi Medical raised an undisclosed amount in a Funding Round round on December 15, 2021.
What does Conavi Medical do?
Conavi Medical is a medical device company focused on providing image guidance technologies for minimally invasive cardiovascular procedures.
Where is Conavi Medical based and how big is it?
Conavi Medical is based in Toronto, Ontario, Canada. Fundz records about 65 employees.
Who are the decision-makers at Conavi Medical?
Fundz holds 1 contact at Conavi 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 Conavi Medical that raised within 45 days of this round, from Fundz verified event records.

  • medimaps group S.A raised $20M (Funding Round) on December 1, 2021.
  • Confluent Medical raised an undisclosed amount (Corporate Round) on January 5, 2022.
  • JenaValve raised $100M on January 4, 2022.
  • Rhaeos raised $2.2M (Seed) on December 24, 2021.
  • Route 92 Medical raised $111M (Series E) on December 14, 2021.
  • ViaLase raised $27M on November 19, 2021.

Who to call at Conavi Medical, and when

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

  • An alert the day Conavi Medical raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Conavi Medical, from your own LinkedIn network

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Company Information

Company

Conavi Medical

Location

Toronto, Ontario, Canada

About

Conavi Medical is a medical device company focused on providing image guidance technologies for minimally invasive cardiovascular procedures. Medical procedures performed for cardiovascular and other diseases are trending towards more minimally invasive approaches. As such, the need and market for image guidance is growing. We plan to be a cornerstone in the image guidance space and have concentrated on developing the intellectual property and infrastructure to meet and exceed clinical needs of our customers while providing cost-effective care.

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Conavi 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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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.