Last updated 2026-06-18
- Acquired by Edwards Lifesciences, Jul 2024
- Raised $5M funding round, Mar 2022
- Raised $5M funding round, Jun 2021
Total raised
$20.5M
Last: 2022-03
Stage
Acquired
Founded
2018
Headcount
28
HQ
Ramat Gan, Israel
Sector
Health Tech & Life Sciences
About
Innovalve Bio Medical is an early-stage medical device company developing catheter-based heart valve therapies.
The company has developed an artificial mitral valve that can be replaced using a minimally invasive catheter to help treat patients with heart disease. The company has achieved successful results in experiments on animals.
The company grew out of inventions and patents developed by Sheba Medical Center experts Professor Ehud Raanani, the director of Sheba’s Cardiovascular and Thoracic Center, and Dr. Boris Orlev, head of the center’s Mitral Valve Surgery Unit.
Funding history · 3 rounds · $20.5M total
2022-03
$5.0M
2021-06
$5.0M
2020-08
Q&A
- What is Innovalve Bio Medical's primary focus?
- Innovalve Bio Medical is an early-stage medical device company developing catheter-based heart valve therapies, specifically an artificial mitral valve that can be replaced using a minimally invasive catheter.
- When was Innovalve Bio Medical founded?
- Innovalve Bio Medical was founded in August 2018.
- What is the current status of Innovalve Bio Medical?
- Innovalve Bio Medical is currently active but was acquired by Edwards Lifesciences in July 2024 and ceased to operate.
- How many employees does Innovalve Bio Medical have?
- Innovalve Bio Medical has 11-50 employees.
- What was Innovalve Bio Medical's total funding raised?
- Innovalve Bio Medical raised a total of $20,500,000.
- When did Innovalve Bio Medical complete its most recent funding round and who were the investors?
- Innovalve Bio Medical completed a funding round in March 2022 with OurCrowd as an investor.
- Which investors participated in Innovalve Bio Medical's August 2020 funding round?
- The August 2020 funding round for Innovalve Bio Medical included.
- What is the product stage of Innovalve Bio Medical's technology?
- Innovalve Bio Medical's product is in the clinical trial stage.
Team · 1
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
| linkedin.com/company/19249543 |
Identifiers & details
| Founded | 2018-8 |
|---|---|
| Employees (exact) | 28 |
| Status reason | Acquired (Inactive) by Edwards Lifesciences on Jul 2024 - ceased to operate |
Acquisitions & public offerings
Acquired by Edwards Lifesciences 2024-07
Radar intelligence
Patents
| EPO | 5 |
|---|