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Rapid Medical Raises $20 Million In New Funding To Support Clinical And Commercialization Of First-In-Class Stroke Treatment Products

PRIVATEJun 29, 2022

Amount Raised

$20 Million

Round Type

Funding Round

MobileSports

Description

Rapid Medical, a company focused on the development of interventional neurovascular devices, announced today that it has completed an oversubscribed Series C financing of $20 million. The proceeds will be used for the completion of the TIGER U.S. IDE study and to support accelerating commercial growth of the company's minimally invasive stroke treatment and prevention products worldwide. The round was led by JAM Capital Partners and MicroPort with participation from Agate JT, RocSon Medtech Fund and existing investors.

Quick answer

Rapid Medical raised $20 Million in a Funding Round round, dated June 29, 2022.

How much did Rapid Medical raise?
Rapid Medical raised $20 Million in a Funding Round round on June 29, 2022.
What does Rapid Medical do?
Rapid Medical is developing game-changing devices for endovascular treatments.

Source: Fundz verified event record.

Who else raised in Mobile and Sports around the same time

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

  • Bardavon Health Innovations, Inc. raised $8.6M on June 9, 2022.
  • Wi Tricity raised $63M on August 9, 2022.
  • Signing Day Sports raised $300K (Seed) on August 8, 2022.
  • Grand Slam Tennis raised $26M on August 8, 2022.
  • Brave Health raised $39M on August 4, 2022.
  • Huupe raised an undisclosed amount on August 2, 2022.

Who to call at Rapid Medical, and when

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Company Information

Company

Rapid Medical

About

Rapid Medical is developing game-changing devices for endovascular treatments. Rapid Medical is the maker of TIGERTRIEVER, the first-ever controllable, fully visible stentriever that is designed to treat ischemic stroke patients, and, COMANECI, the first-ever controllable aneurysm neck-bridging device. TIGERTRIEVER and COMANECI are CE marked for use in Europe. More information is available at www.rapid-medical.com

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Rapid Medical 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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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 Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.