Last updated 2026-07-26
- Acquired by Edwards Lifesciences for $300M, Jul 2024
- Raised $5M convertible note led by OurCrowd, Feb 2022
- Raised $5M Series B led by OurCrowd, May 2021
Total raised
$20.5M
Last: Undisclosed Round 2022-03
Stage
Acquired
Founded
2017
Headcount
50
HQ
Ramat Gan, Israel
Sector
Health Tech & Life Sciences
About
Innovalve Bio Medical is a medical device company based in Ramat Gan, Israel, specializing in developing catheter-delivered heart valve therapies, with a focus on transcatheter mitral valve replacement (TMVR) technologies. The company has developed an artificial mitral valve that can be replaced using a minimally invasive catheter to treat patients with heart disease. Innovalve's Innostay TMVR system uses a unique rotational maneuver for firm anchoring and sealing. The company was acquired by Edwards Lifesciences in July 2024.
Funding history · 3 rounds · $20.5M total
2022-02
Convertible Debt
$5.0M
★ OurCrowd
2021-05
B Round
$5.0M
★ OurCrowd
2020-07
A Round
$10.5M
★ ALIVE Israel Healthtech FundOurCrowdEdwards Lifesciences
Headcount over time
From 3 (2019-10) to 24 (2026-03) · +21 (+700%) · 37 points · source: Finder history + radar grounding
Q&A
- What is Innovalve Bio Medical's primary focus?
- Innovalve Bio Medical is a medical device company specializing in developing catheter-delivered heart valve therapies, particularly transcatheter mitral valve replacement (TMVR) technologies.
- When was Innovalve Bio Medical acquired and by whom?
- Innovalve Bio Medical was acquired by Edwards Lifesciences in July 2024 for $300,000,000.
- What is the current status of Innovalve Bio Medical?
- Innovalve Bio Medical is currently inactive, having ceased to operate after its acquisition by Edwards Lifesciences in July 2024.
- Who are the founders of Innovalve Bio Medical?
- Innovalve Bio Medical was co-founded by Prof. Ehud Raanani and Dr. Boris Orlov.
- Which investor led Innovalve Bio Medical's B Round in 2021?
- The B Round in 2021 was led by ALIVE Israel Healthtech Fund.
- What is the employee count of Innovalve Bio Medical?
- Innovalve Bio Medical has an employee count in the 11-50 range.
- What is the core technology developed by Innovalve Bio Medical?
- Innovalve Bio Medical developed an artificial mitral valve that can be replaced using a minimally invasive catheter, featuring the Innostay TMVR system for firm anchoring and sealing.
Team · 2
Prof. Ehud Raanani
Founder · Co-founder/Chief Scientific Officer
Dr. Boris Orlov
Founder · Co-founder
Sectors & technology
Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
Technologies
Materials & Substances
Target customers
Healthcare & Life SciencesHealthcareProviders
Business model
B2B
Highlights
1 Patents
Tags
medical-technologiescathetersheart-diseasesminimally-invasivemedical-devicesvalvescardiology
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | innovalvemed.com |
|---|---|
| linkedin.com/company/19249543 |
Identifiers & details
| Legal name | Innovalve Bio Medical Ltd. |
|---|---|
| Founded | 2017 |
| Employees (exact) | 50 |
| Status reason | Acquired (Inactive) by Edwards Lifesciences on Jul 2024 - ceased to operate |
Acquisitions & public offerings
Acquired by Edwards Lifesciences 2024-07 $300.0M
Radar intelligence
Patents
| EPO | 5 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515887636 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2018-08-09 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | מרכז רפואי ע~ש שיבא 0 רמת גן |