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Shape Memory Medical Secures $10 Million Financing to Support Aortic Clinical Development.
PRIVATEAug 24, 2026•about 3 hours ago
Amount Raised
$10 Million
Round Type
Venture - Series Unknown
San JoseManufacturingBiotechnologyHealthcareHealth CareMedical Device
Description
Shape Memory Medical has successfully closed a $10 million convertible note financing led by August Global Partners to further its aortic clinical programs. This financing will support the clinical development of their aortic portfolio, including the AAA-SHAPE Pivotal Trial and FLAGSHIP feasibility trial.
Company Information
Company
Shape Memory Medical
Location
1321 RIDDER PARK DRIVE, SUITE 10
San Jose, California, United States
About
Shape Memory Medical Inc. is a developer of custom shape memory polymers for endovascular markets, dedicated to developing innovative therapeutic solutions with its proprietary shape memory polymers, with devices approved in more than 25 countries.
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San JoseManufacturingBiotechnologyHealthcareHealth CareMedical Device