Magenta Medical

Self-Expanding Percutaneous Mechanical Circulatory Support

Health Tech & Life Sciences
Active
Series E Kadima Zoran Founded 2012
Total raised
$224.9M
Last: Series E 2024-07
Stage
Series E
Founded
2012
Headcount
99
HQ
Kadima Zoran
Sector
Health Tech & Life Sciences

About

Magenta Medical is developing a catheter-mounted blood pump to treat hospital-admitted patients with acute heart failure. The company's product, the Elevate percutaneous Left Ventricular Assist Device, is a low-profile, high-flow arterial pump intended for temporary mechanical circulatory support of patients undergoing high-risk coronary interventions and for the treatment of patients admitted with cardiogenic shock. The device is currently in clinical trials.

Funding history · 5 rounds · $224.9M total

2024-07
Series E $105.0M
2023-05
Series D $55.0M
2020-11
Series C $17.0M
2017-07
Series B Undisclosed
2012-12
Series A Undisclosed

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
Target customers
Healthcare & Life SciencesHealthcareProvidersPatients
Business model
B2B

Highlights

1 PatentsVerified

Tags

hospitalscatheterscardiologymedical-devicesheart-failurevascularmedical-technologiesminimally-invasivehealthcare-providerschronic-patientstreatments