# Capstan Medical

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

- Industry: Medical Devices & Equipment
- Headquarters: Santa Cruz, US
- Website: www.capstanmedical.com
- Total disclosed funding: $140M
- Latest round: Series C (Dec 11, 2024)
- Investors on record: 5

## About

Based in California, US, and founded in 2020 by co-founders Dan Wallace and Maggie Nixon, Capstan Medical operates as a provider of treatments for heart diseases by blending surgical robotics, catheter-based technology, and advanced implants to repair and replace heart valves. In December 2024, Capstan Medical Inc. raised USD 110 million in series C funding led by new investor Eclipse Ventures, with participation from returning investors Yu Galaxy and Intuitive Ventures. Another new investor Gideon Strategic Partners also participated in the round.

The company offers the Capstan platform, which enables the minimally invasive treatment of mitral and tricuspid valve disease via catheter insertion while the heart continues to beat. This technological marvel marries the expertise of surgical robotics and catheterization, providing a precise and less invasive alternative to traditional open-heart surgery. The Capstan Platform has the potential to significantly enhance patient outcomes, reducing recovery times and diminishing the risk of complications.
 
The company plans to use the December 2024 funding to drive its trial efforts and accelerate further research and development.

## Funding rounds

- Series C, Dec 11, 2024, $110M — Eclipse Ventures, Intuitive Ventures, Yu Galaxy, Gideon Strategic Partners
- Series B, Apr 27, 2023, $30M — Eclipse Ventures, Intuitive Ventures, Puma Venture Capital

## Investors

- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Series B, Series C
- Intuitive Ventures (https://capitalatlas.ai/funds/intuitive-ventures) — Series B, Series C
- Puma Venture Capital (https://capitalatlas.ai/funds/puma-venture-capital) — Series B
- Yu Galaxy (https://capitalatlas.ai/funds/yu-galaxy) — Series C
- Gideon Strategic Partners (https://capitalatlas.ai/funds/gideon-strategic-partners) — Series C