Last updated 2026-09-02
- Raised $80M convertible note led by Medtronic plc, Sep 2026
- Raised $27M Series C led by Sofinnova Partners, Apr 2020
- Raised $10M Series B led by Innogest, Jan 2016
Total raised
$121.5M
Last: Undisclosed Round 2026-09
Stage
Series D
Founded
2009
Headcount
89
HQ
Rehovot, Israel
Sector
Health Tech & Life Sciences
About
Pi-Cardia is a global leader in the development of a unique portfolio of non-implant, catheter-based, leaflet modification solutions for treating heart valves. The ShortCut™ device is designed to split valve leaflets of a pre-existing valve prior to TAVR in patients at risk for coronary obstruction and to preserve coronary access. ShortCut™ Mitral is designed to split the anterior mitral leaflet prior to TMVR in patients at risk for LVOT obstruction. The Leaflex™ device mechanically scores valve calcification at multiple locations, with the intention of restoring leaflet flexibility and improving valve hemodynamics. It is designed to be a cost-effective, durable standalone treatment for patients with calcified aortic stenosis.
Funding history · 7 rounds · $121.5M total
7 events/rounds · $121.5M Total Funding: $41.5M in Private Equity, $80.0M in Debt
Sep 2026
★ Medtronic plcMedtronic
Nov 2024
D Round
Undisclosed
pitchbook.com
Apr 2020
Aug 2019
★ Assaf Segal★ Claudio Rumazza
Jan 2016
★ Innogest★ VI-Ventures★ Fondo Atlante Ventures★ Clal Biotechnology Industries★ Anatomy Medical Technologies Fund
Oct 2015
A Round
$3.1M
pitchbook.com
Aug 2014
Seed
$1.3M
pitchbook.com
Headcount over time
89 employees (2026-09) · 1 point
Offices
Rehovot, Israel · HQ / main office
Q&A
- What is Pi-Cardia's primary focus?
- Pi-Cardia is a medical device company developing non-implant, catheter-based solutions for treating heart valve calcification and aortic stenosis.
- When was Pi-Cardia founded?
- Pi-Cardia was founded in January 2009.
- Where is Pi-Cardia's headquarters located?
- Pi-Cardia's headquarters is located in Rehovot, Israel.
- How many employees does Pi-Cardia currently have?
- Pi-Cardia has 51–200 employees.
- What is Pi-Cardia's total funding to date?
- Pi-Cardia has raised a total of $121.45 million USD across all funding rounds.
- When did Pi-Cardia raise its Series D round and who were the lead investors?
- Pi-Cardia raised a $27 million Series D round in April 2020, led by Sofinnova Partners.
- What was Pi-Cardia's most recent funding event?
- In September 2026, Pi-Cardia received $80 million in convertible debt funding from Medtronic.
- What strategic partnership did Pi-Cardia announce in September 2026?
- In September 2026, Pi-Cardia announced a strategic investment from Medtronic.
- Who are the founders of Pi-Cardia?
- The founders of Pi-Cardia are Erez Golan and Eyal Kolka.
Team · 5
Erez Golan
Founder · Founder & CEO
Eyal Kolka
Founder · Founder & Executive Director
Gary Gratson
Head of Global Commercialization
Benzi Spector
Chief Technology Officer
Ronnie Levy
Chief Operating Officer
Sectors & technology
Primary sector
Health Tech & Life Sciences
Business model
B2BHardware Sales
Highlights
Patents
Tags
medical-devicescardiovascularsurgerycardiologycathetersvalvessurgeonsmedical-productstreatments
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | pi-cardia.net |
|---|---|
| linkedin.com/company/5079787 |
Identifiers & details
| Legal name | Pi-Cardia Ltd. |
|---|---|
| Founded | 2009-1 |
| Employees (exact) | 89 |
Radar intelligence
Patents
| EPO | 25 |
|---|
Web history (Wayback)
| Domain | pi-cardia.net |
|---|
Certificate / subdomain footprint
| Subdomains | 1 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 514181379 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2008-09-02 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 7 — shares_capital (1), other (1), annual_report (3), charge (1), people (1) |
| Registered address | פייקס דוד 5 רחובות |
Recent registry events
| Date | Event |
|---|---|
| 2026-04-30 | הגדלה של הון רשום |
| 2026-04-30 | שינוי בתקנון |
| 2025-09-04 | דו~ח שנתי-הסרת בעל תפקיד |
| 2025-09-04 | דו~ח שנתי-הקצאת מניות |
| 2025-09-04 | דו~ח שנתי-שינוי בהוראות בתקנון |
| 2026-03-01 | עדכון שעבוד |
| 2026-02-01 | עדכון בעלי תפקידים |