# Harpoon Medical

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

- Industry: Medical Devices & Equipment
- Headquarters: Baltimore, US
- Website: www.harpoonmedical.com
- Total disclosed funding: $3.9M
- Latest round: Series A (Aug 13, 2014)
- Investors on record: 4

## About

Harpoon Medical, Inc. is a medical technology company focused on developing innovative solutions for cardiac surgery and minimally invasive procedures, aiming to improve patient outcomes through advanced techniques.Founded in 2013 in Baltimore, US, Harpoon Medical, Inc. specializes in medical technologies for cardiac surgery. In December 2017, the company was acquired by Edwards Lifesciences Corporation for USD 100 mn, with potential additional payments of USD 150 mn contingent on achieving specific financial milestones. This acquisition marked a pivotal point in the company’s strategy to enhance its product offerings and market reach.Harpoon Medical, Inc. specializes in innovative medical devices and services tailored for heart disease treatment. Their offerings include advanced surgical solutions, particularly focused on minimally invasive procedures that address critical cardiac conditions, improving patient care and outcomes.Harpoon Medical generates revenue through the sale of its specialized medical devices, primarily targeting hospitals and healthcare providers. Their business model emphasizes strong partnerships with these institutions to integrate their advanced solutions into clinical workflows, particularly for surgical procedures involving their core products.Looking ahead, Harpoon Medical plans to further develop its product portfolio, particularly in surgical solutions for heart disease, with new innovations expected to be released in the next few years. The company aims to expand its market presence not only in North America but also into select regions in Europe and Asia by 2025. The recent acquisition funding of USD 100 mn will support these initiatives, facilitating continued product development and market expansion strategies.

## Funding rounds

- Series A, Aug 13, 2014, $3.9M — Abell Foundation, Maryland Department of Business and Economic Development, Epidarex Capital, Rock Springs Capital

## Investors

- Abell Foundation — Series A
- Maryland Department of Business and Economic Development — Series A
- Epidarex Capital (https://capitalatlas.ai/funds/epidarex-capital) — Series A
- Rock Springs Capital — Series A