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Innoventric raised $28.5 million in a Series B funding round led by RA Capital to develop a novel catheter tricuspid valve.

PRIVATENov 01, 2024

Amount Raised

$28.5 Million

Round Type

Series B

RehovotBiotechnologyHealth CareMedical

Investors

European Investment Committee (Eic)Brm GroupJg Private EquityMivtach ShamirRA Capital

Description

Innoventric, based in Rehovot, announced a Series B funding round of $28.5 million led by RA Capital. The capital will be used to complete an Early Feasibility Study and obtain approval for a pivotal trial in the U.S. and Europe.

Quick answer

Innoventric raised $28.5 Million in a Series B round, dated November 1, 2024. Investors: European Investment Committee (Eic), Brm Group, Jg Private Equity, Mivtach Shamir and RA Capital. Innoventric is based in Rehovot, Center District, Israel.

How much did Innoventric raise?
Innoventric raised $28.5 Million in a Series B round on November 1, 2024.
Who invested in Innoventric?
European Investment Committee (Eic), Brm Group, Jg Private Equity, Mivtach Shamir and RA Capital are named as investors in this round.
What does Innoventric do?
Innoventric is a Structural Heart medical device company specializing in the development of percutaneous heterotopic cross-caval solutions for Tricuspid Regurgitation and right heart disease.
Where is Innoventric based and how big is it?
Innoventric is based in Rehovot, Center District, Israel.
Who are the decision-makers at Innoventric?
Fundz holds 1 contact at Innoventric. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Biotechnology around the same time

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

  • Fluid Biomed raised $27M (Series A) on December 16, 2024.
  • Fibroheal Woundcare raised $742K (Pre-Series A) on December 15, 2024.
  • BioSapien raised $5.5M (Series A) on December 13, 2024.
  • LaNua Medical raised $6.3M (Seed) on December 12, 2024.
  • Parol raised $1.3M (Seed) on December 12, 2024.
  • East Ocyon Bio raised $4.2M (Seed) on December 11, 2024.

Who to call at Innoventric, and when

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

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  • Who you already know at Innoventric, from your own LinkedIn network

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Company Information

Company

Innoventric

Location

Rehovot, Center District, Israel

About

Innoventric is a Structural Heart medical device company specializing in the development of percutaneous heterotopic cross-caval solutions for Tricuspid Regurgitation and right heart disease.

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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

Innoventric 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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