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Restore Medical raises $23M in Series B to advance its heart failure therapy, led by Pitango HealthTech and a strategic partner.

PRIVATEJul 07, 2025

Amount Raised

$23 Million

Round Type

Series B

Or YehudaBiotechnologyHealth CareMedical

Investors

Pitango HealthTechPeregrine VenturesEuropean Innovation Council Fund

Description

Restore Medical has secured $23 million in Series B funding to advance its minimally invasive heart failure device. The round is co-led by Pitango HealthTech and an undisclosed global healthcare partner. The capital will support ongoing studies in Europe and a planned U.S. clinical trial

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Company Information

Company

Restore Medical

Location

Or Yehuda, Tel Aviv District, Israel

About

Restore Medical is an Israeli clinical-stage medical technology company focused on developing a minimally invasive device to treat heart failure. The company's innovative approach aims to address gaps in current heart failure therapies by providing a transcatheter solution that does not require open-heart surgery. With promising early results indicating improved cardiac remodeling and patient outcomes, Restore Medical is advancing its technology through clinical trials in Europe and the U.S. The company has secured significant funding to support its ongoing research and regulatory efforts.

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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

Restore 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.

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