# Append Medical

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/append-medical

- Industry: Medical Devices & Equipment
- Headquarters: Or Yehuda, Israel
- Website: www.appendmedical.com
- Total disclosed funding: $12M
- Latest round: Series A (Jul 6, 2023)
- Investors on record: 7

## About

Based in OR Yehuda, Israel, and founded in 2017, Append Medical Ltd operates as a manufacturer and developer of medical devices and equipment specializing in noninvasive implant solutions. In July 2023, the firm raised USD 4.35 million in series A funding led by investors Shoni Health Ventures, ALIVE Israel HealthTech Fund, and Israel Innovation Authority along with the participation of investors MedTecX LP, Boston Scientific, MEDX Ventures, Israel Innovation Authority, and Intellectual Ventures. The firm as of July 2023, is led by its CEO, Nadav Again.

The company offers medical devices for the treatment of Non-Valvular Atrial Fibrillation (NVAF) patients who are at risk of stroke. The main cause of stroke in NVAF patients is the migration of blood clots from the Left Atrial Appendage (LAA) to the brain. The devices available in the market as of 2023, face challenges in completely closing the LAA, leading to the potential leakage of blood clots and device-related complications. Append Medical’s solution known as the Next Generation Left Atrial Appendage Elimination System introduces the Appligator TM, which ensures complete sealing of the LAA opening without the need for any metal implants in the heart. 

The company plans to utilize its July 2023 funding to complete and support the AppligatorTM First-in-Human Study for the Prevention of Stroke in Individuals with Atrial Fibrillation.

## Funding rounds

- Series A, Jul 6, 2023, $4.3M — Intellectual Ventures, Boston Scientific Ventures, MEDX Ventures Group, Israel Innovation Authority, ALIVE, Shoni Health Ventures, MedTecX LP
- Series A, Aug 4, 2021, $7.4M — Intellectual Ventures, Boston Scientific Ventures, MEDX Ventures Group, MedTecX LP

## Investors

- Intellectual Ventures (https://capitalatlas.ai/funds/intellectual-ventures) — Series A
- Boston Scientific Ventures (https://capitalatlas.ai/funds/boston-scientific-ventures) — Series A
- MEDX Ventures Group (https://capitalatlas.ai/funds/medx-ventures-group) — Series A
- MedTecX LP — Series A
- Israel Innovation Authority — Series A
- ALIVE — Series A
- Shoni Health Ventures (https://capitalatlas.ai/funds/shoni-health-ventures) — Series A