Icarus Medical secures $7.2 million Series A to accelerate growth. The Charlottesville-based med-tech company aims to enhance orthopedic technology.
Amount Raised
$7.2 Million
Round Type
Series A
CharlottesvilleManufacturingBiotechnologyHealth CareMedicalMedical DeviceInvestors
Description
Icarus Medical, a Charlottesville-based med-tech company focused on advancing orthopedic bracing technology, today announced the successful close of its Series A financing round. Originally targeting $5 million, the round closed oversubscribed at $7.2 million, reflecting strong investor confidence in the company's technology platform and market momentum. Proceeds will support commercialization, product development, and personnel expansion. Key investors include Riptide Ventures, OSF Ventures, and others, bringing essential expertise to support growth.
Quick answer
Icarus Medical raised $7.2 Million in a Series A round, dated June 17, 2026. Investors: MedTech Connect, Blu Venture Investors, Neovate Capital Partners, Highpoint Ventures, CU Healthcare Innovation Fund, OSF Ventures and Riptide Ventures. Icarus Medical is based in Charlottesville, Virginia, United States.
- How much did Icarus Medical raise?
- Icarus Medical raised $7.2 Million in a Series A round on June 17, 2026.
- Who invested in Icarus Medical?
- MedTech Connect, Blu Venture Investors, Neovate Capital Partners, Highpoint Ventures, CU Healthcare Innovation Fund, OSF Ventures and Riptide Ventures are named as investors in this round.
- What does Icarus Medical do?
- Icarus Medical is a Charlottesville, Virginia-based medical technology company focused on developing innovative orthopedic bracing solutions that help patients stay active, improve mobility, and reduce pain.
- Where is Icarus Medical based and how big is it?
- Icarus Medical is based in Charlottesville, Virginia, United States.
- Who are the decision-makers at Icarus Medical?
- Fundz holds 2 contacts at Icarus Medical, including the Founder and CEO. 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 Icarus Medical that raised within 45 days of this round, from Fundz verified event records.
- QTREX Quantum Ltd raised $10M on July 22, 2026.
- Endo Tools Therapeutics raised $23M (Series C) on July 16, 2026.
- Biobot Surgical raised $15M (Funding Round) on June 29, 2026.
- IceCure Medical raised $17M on June 17, 2026.
- NVENTRIC raised $23M on June 10, 2026.
- FesariusTherapeutics raised $20M (Series A) on June 10, 2026.
Who to call at Icarus Medical, and when
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- An alert the day Icarus Medical raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Icarus Medical, from your own LinkedIn network
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