Fundz

Israeli Medical Device Startup, Innoventric Ltd., Wins The Prestigious Horizon Europe Grant And Secures Us $14M In Series A Investment

PRIVATENov 01, 2021

Round Type

Series A

RehovotBiotechnologyHealth CareMedical

Description

Innoventric, a start-up company from Ness-Ziona, Israel, develops the unique TrilliumTM technology for the treatment of Tricuspid Valve Regurgitation. The company was founded in 2017, and has rapidly progressed. Innoventric has performed over 10 implantations of the promising TrilliumTM technology as part of its European first in human clinical trial. The company holds a broad patent portfolio for the TrilliumTM and additional Tricuspid technologies.

Quick answer

Innoventric raised an undisclosed amount in a Series A round, dated November 1, 2021. Innoventric is based in Rehovot, Center District, Israel.

How much did Innoventric raise?
Innoventric raised an undisclosed amount in a Series A round on November 1, 2021.
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.

  • Conavi Medical raised an undisclosed amount (Funding Round) on December 15, 2021.
  • Route 92 Medical raised $111M (Series E) on December 14, 2021.
  • medimaps group S.A raised $20M (Funding Round) on December 1, 2021.
  • Acrivon Therapeutics raised $100M on November 23, 2021.
  • Compugen raised $20M on November 22, 2021.
  • ViaLase raised $27M on November 19, 2021.

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.

  • An alert the day Innoventric raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • 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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Fundz sees it the moment Innoventric raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Innoventric raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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