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Navi Medical Technologies raises $6.8 million to commercialize its FDA-cleared newborn catheter device in US hospitals, led by KP Rx.

PRIVATEJul 28, 20262 days ago

Amount Raised

$6.8 Million

Round Type

Venture - Series Unknown

BiotechnologyFinancial ServicesHealth CareMedicalMedical DeviceFintechLending

Investors

Pacific ChanInnovation VictoriaKp Rx

Description

Navi Medical Technologies has raised $6.8 million to push its catheter technology into US hospitals. The funding round was led by ANZ healthcare VC KP Rx and supported by existing investors. The capital follows FDA approval for the Neonav device aimed at neonatal care. This investment will help scale manufacturing and grow the US team.

Company Information

Company

Navi Technologies

About

Navi Technologies is a fintech company founded by Sachin Bansal, who is the co-founder of Flipkart. The company aims to provide various financial services to its customers.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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 FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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