Amount Raised
$55 Million
Round Type
Funding Round
NetanyaBiotechnologyHealth CareMedicalMedical DeviceInvestors
Description
Magenta Medical, developer of the world's smallest heart pump, announced today a $55M financing round led by global healthcare investment manager OrbiMed, with participation from existing investors New Enterprise Associates (NEA), Pitango VC, and ALIVE - Israel HealthTech Fund. The financing will be used, among other things, to advance the clinical programs of the company's product in the United States towards its first FDA approval.
Quick answer
Magenta Medical raised $55 Million in a Funding Round round, dated May 3, 2023. Investors: Alive Israel Health Tech Fund, Pitango VC, New Enterprise Associates and Orbi Med. Magenta Medical is based in Netanya, Center District, Israel.
- How much did Magenta Medical raise?
- Magenta Medical raised $55 Million in a Funding Round round on May 3, 2023.
- Who invested in Magenta Medical?
- Alive Israel Health Tech Fund, Pitango VC, New Enterprise Associates and Orbi Med are named as investors in this round.
- What does Magenta Medical do?
- Magenta Medical Ltd. is a privately-held company dedicated to the development of miniaturized blood pumps intended to provide minimally-invasive support to the native heart during acute episodes of dysfunction that..
- Where is Magenta Medical based and how big is it?
- Magenta Medical is based in Netanya, Center District, Israel.
- Who are the decision-makers at Magenta Medical?
- Fundz holds 1 contact at Magenta 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 Magenta Medical that raised within 45 days of this round, from Fundz verified event records.
- Avenda Health, Inc. raised $3.5M (Series B) on June 8, 2023.
- VERTOS MEDICAL INC raised $26M (Funding Round) on June 7, 2023.
- Candesant Biomedical, Inc. raised $35M (Series B) on June 6, 2023.
- Conformal Medical raised $35M (Series D) on June 5, 2023.
- Conformal Medical raised $35M on May 26, 2023.
- VERTOS MEDICAL INC raised $45M on May 22, 2023.
Who to call at Magenta Medical, and when
A new round usually means Magenta Medical is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Magenta Medical raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Magenta Medical, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Magenta Medical. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Magenta Medical raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Magenta Medical 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.
5 screens from a live account. No signup.