TechsoMed
Company

Last deal

$7M

Amount

Series B

Stage

03.03.2021

Date

2

all rounds

$9.6M

Total amount

date founded

Financing round

General

About Company
TechsoMed develops ultrasound-based monitoring systems for thermal ablation procedures.

Industry

Sector :

Subsector :

founded date

01.01.2012

founders

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The Israeli-based medical device company addresses the high failure rates of thermal ablation procedures, which have a market size in the billions but lack real-time monitoring capabilities. Their system performs real-time monitoring and control of tissue destruction by ablation devices, allowing physicians to predict the progression of tissue destruction during the procedure. This technology offers added value to patients, physicians, and insurance companies by increasing the success rate of minimally invasive and cost-effective procedures for tumor destruction, heart arrhythmia, blood pressure treatments, and more.
Contacts
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Financials

Funding Rounds
2
2

Number of Funding Rounds

$9.6M

Money Raised

Their latest funding was raised on 03.03.2021. Their latest investor Axil Capital. Their latest round Series B

Date 
Funding Round 
Investors 
Money Raised 
Lead 
03.03.2021
7
$7M
30.05.2019
4
$2.6M
Axil Capital

Axil Capital

Axil Capital is a Tokyo-based venture capital firm that invests in early-stage biomedical and healthcare technology companies.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Health Care

Location

Tokyo, Japan

count Of Investments

16

count Of Exists

1
Co-Investors
Investors
9
1

Number of lead investors

9

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Series B, Venture - Series Unknown
No
Series B, Venture - Series Unknown
No
Venture - Series Unknown
Axil Capital

Axil Capital

Axil Capital is a Tokyo-based venture capital firm that invests in early-stage biomedical and healthcare technology companies.

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Closed End Investments

Subsector

Closed End Investments

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Financial Services, Venture Capital, Health Care

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Tokyo, Japan

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16

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1

Fred Shane

current job

Axil Capital
Axil Capital
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People

Founders
1
Yossi Abu
Yossi Abu

Yossi Abu

Yossi Abu is the Founder and CEO at Techsomed.

current job

TechsoMed
TechsoMed

organization founded

1

Yossi Abu

Employee Profiles
1
Yossi Abu

Yossi Abu

Founder and CEO

Activity

Recent News
0