Magenta Medical
Latest round
- Series D
Last raised
- May 2023
Total raised
- $74M
Investors
- 6
About Magenta Medical
Magenta Medical Ltd. is focused on designing innovative solutions for cardiac support, particularly in high-risk clinical settings. The founder's history is not detailed publicly, and there are no mentions of subsidiaries.Magenta Medical specializes in innovative medical technologies, primarily focusing on self-expanding percutaneous mechanical circulatory support systems. These products are designed to enhance cardiac function and support patients with severe heart conditions, particularly those undergoing high-risk procedures or experiencing acute heart failure. Their core clientele includes hospitals and specialized cardiac care centers, particularly in North America and Europe, where advanced medical technologies are in high demand.Magenta Medical generates revenue through direct sales of its mechanical circulatory support systems to healthcare institutions and hospitals. The transaction structure typically involves B2B engagements, where the company establishes partnerships with medical facilities to supply its products. Revenue is primarily derived from these direct sales, with potential for ongoing maintenance and support services offered as part of the product package. Pricing plans for their flagship products, which are known for their advanced technology and reliability, are structured to reflect the value provided to healthcare providers in critical care settings.In July 2024, Magenta Medical Ltd.S. clinical programs in multiple mechanical circulatory support indications. The company aims to secure the first FDA approval for its Elevate heart pump, which is a critical step in its product development strategy. Additionally, Magenta Medical is focused on expanding its presence in new geographic regions, targeting North America and Europe for enhanced market penetration.
Who invested in Magenta Medical
6 investors across 3 rounds
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Questions about Magenta Medical
Who invested in Magenta Medical?
Magenta Medical has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Magenta Medical raised?
Magenta Medical has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Magenta Medical last raise money?
Magenta Medical's most recent round on record is a Series D, in May 2023.
What does Magenta Medical do?
Magenta Medical is a medical devices & equipment company.
Where is Magenta Medical headquartered?
Magenta Medical is headquartered in Israel.
Which VCs invest in companies like Magenta Medical?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back medical devices & equipment companies at Magenta Medical's stage. Their profiles are linked below.
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