Foldax

Medical Devices & EquipmentSeries DSalt Lake City, USfoldax.com

Latest round

Series D

Last raised

Jun 2020

Total raised

$20M

Investors

6

About Foldax

Foldax, Inc.Founded in 2013 in Salt Lake City, US, Foldax, Inc. specializes in cardiac medical devices, particularly heart valves.Foldax® specializes in innovative heart valve solutions, with its flagship product being the TRIA™ Mitral Valve, designed for varied patient demographics, including those with rheumatic heart disease. The valve, made from the proprietary LifePolymer™, is biocompatible and minimizes calcification, eliminating the need for animal materials. The company employs robotic automation for precision in manufacturing, ensuring scalability and meeting healthcare demands.Foldax® generates revenue from the direct sale of TRIA™ heart valves and related products to healthcare providers. Transactions focus on bulk orders through partnerships with medical facilities, ensuring product availability and support services.In June 2020, Foldax, Inc. The company aims to introduce new products designed for expanded applications in heart valve solutions, while concurrently targeting markets in Asia and Europe for expansion by 2023.

Who invested in Foldax

6 investors across 2 rounds

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Funding rounds

  1. Series D

    Jun 22, 2020

    Amount

    $20M

    Investors

    Locked

  2. Series A

    Aug 28, 2015

    Amount

    Undisclosed

    Investors

    Locked

Questions about Foldax

Who invested in Foldax?

Foldax has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Foldax raised?

Foldax has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Foldax last raise money?

Foldax's most recent round on record is a Series D, in Jun 2020.

What does Foldax do?

Foldax is a medical devices & equipment company.

Where is Foldax headquartered?

Foldax is headquartered in Salt Lake City, US.

Which VCs invest in companies like Foldax?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Foldax's stage. Their profiles are linked below.

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