Venstra Medical has received a $1 million grant to develop their next-generation heart pump, as part of a $12 million funding push for cardiovascular innovations in Australia.
Amount Raised
A$1 Million
Round Type
Grant
NewcastleBiotechnologyHealth CareMedicalMedical DeviceDescription
Venstra Medical has developed a percutaneous ventricular assist device for treating cardiogenic shock. They were recently awarded $1 million by MTPConnect to support their innovative heart pump project. This funding is part of a wider $12 million effort to enhance cardiovascular and diabetes treatments in Australia. The company aims to disrupt the current $1.5 billion market dominated by AbioMed.
Quick answer
Venstra Medical raised A$1 Million in a Grant round, dated June 24, 2025. Venstra Medical is based in Newcastle, New South Wales, Australia.
- How much did Venstra Medical raise?
- Venstra Medical raised A$1 Million in a Grant round on June 24, 2025.
- What does Venstra Medical do?
- Venstra Medical is an Australian start-up that has developed the world’s smallest and most powerful percutaneous ventricular assist device (pVAD) for treating cardiogenic shock.
- Where is Venstra Medical based and how big is it?
- Venstra Medical is based in Newcastle, New South Wales, Australia. Fundz records about 4 employees.
- Who are the decision-makers at Venstra Medical?
- Fundz holds 1 contact at Venstra 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 Venstra Medical that raised within 45 days of this round, from Fundz verified event records.
- Conformal Medical raised $32M on July 31, 2025.
- Moberg Analytics raised an undisclosed amount (Seed) on July 29, 2025.
- Positron raised $52M (Series A) on July 28, 2025.
- Lumos Diagnostics raised $3.7M (Seed) on July 17, 2025.
- Field Medical raised $35M on June 25, 2025.
- Hoppr raised $32M (Series A) on June 17, 2025.
Who to call at Venstra Medical, and when
A new round usually means Venstra Medical is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Venstra Medical raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Venstra Medical, from your own LinkedIn network
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Related People
Venstra 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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