Last deal

$2.2M

Amount

Grant

Stage

02.07.2019

Date

2

all rounds

$2.29M

Total amount

date founded

Financing round

General

About Company
ProArc Medical Innovative develops innovative devices for urology.

Industry

Sector :

Subsector :

Keywords :

founded date

01.08.2010

founders

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

ProArc Medical Ltd. is an early stage medical device startup company that aims to improve the standard of care for patients with Benign Prostatic Hyperplasia (BPH) by developing innovative, minimally invasive, and clinically effective devices for the field of urology. Their first product, the ClearRingTM system, is a unique prostatic reshaping device designed to treat lower urinary tract symptoms (LUTS) due to BPH. The device is based on implants and a dedicated delivery system consisting of a nitinol implant in the shape of an open ring. ProArc Medical was founded in August 2010 through the Misgav Venture Accelerator, funded by the Trendlines Group and private investors.
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Number of Funding Rounds

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Money Raised

Their latest funding was raised on 02.07.2019. Their latest investor EASME - EU Executive Agency for SMEs. Their latest round Grant

Date 
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02.07.2019
1
$2.2M
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1
$85.79K
Local Amount - EUR 71.43K
Horizon 2020

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HorizonEU is the EU's research and innovation program.

Sector

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Subsector

Media Agencies

Keywords

Product Research, Market Research

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EASME - EU Executive Agency for SMEs

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Subsector

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count Of Exists

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People

Founders
1
Yair Feld
Yair Feld

Yair Feld

current job

Rambam Health Care Campus
Rambam Health Care Campus

organization founded

4

Yair Feld

Employee Profiles
3
David Nitsan

David Nitsan

CEO

Yair Feld

Yair Feld

Founder

Activity

Recent News
0