Last deal

$91.4M

Amount

Series D

Stage

13.06.2022

Date

3

all rounds

$201.81M

Total amount

date founded

Financing round

General

About Company
Ablative Solutions is a medical device firm that offers an alternative to surgical renal denervation for treating hypertension.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Series D

IPO status

Private

Description

Ablative Solutions has developed the Peregrine System Infusion Catheter to perform chemical renal denervation using alcohol as the neurolytic agent, which may have substantial advantages over energy-based systems. The device features three equally spaced micro-needles that enable the controlled infusion of a neurolytic agent directly into the perivascular space around the renal arteries, where the sympathetic nerves reside. The company is currently conducting a post-market clinical study in Europe to secure additional clinical data and is planning a randomized clinical trial in the United States to seek approval for the system's use in the treatment of hypertension.
Contacts
Legal Names

Legal name

Ablative Solutions, Inc.
Similar Companies
999
Butterfly Medical

Butterfly Medical

Butterfly Medical develops a non-surgical medical device for treating enlarged prostate.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical, Medical Device

Location

Yokne'am Illit, Israel

total rounds

5

total raised

$9.06M
Verve Medical

Verve Medical

Verve Medical develops innovative medical devices to treat hypertension worldwide.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

Scottsdale, AZ, USA

total rounds

1
Kona Medical

Kona Medical

Kona Medical develops non-invasive therapies for hypertension treatment.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical, Medical Device

Location

Bellevue, WA, USA

total rounds

7

total raised

$73.66M
Magenta Medical

Magenta Medical

Magenta Medical Ltd. develops novel device solutions for the treatment of acute and chronic heart failure.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

Kadima, Kadima Zoran, Israel

total rounds

5

total raised

$179M

Financials

Funding Rounds
8
3

Number of Funding Rounds

$201.81M

Money Raised

Their latest funding was raised on 13.06.2022. Their latest investor Invus Opportunities. Their latest round Series D

Date 
Funding Round 
Investors 
Money Raised 
Lead 
13.06.2022
3
$91.4M
12.11.2015
$2.46M
Gilde Healthcare

Gilde Healthcare

Gilde Healthcare is a European healthcare investor that specializes in lower mid-market buyouts and later stage venture.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Health Care, Venture Capital, Financial Services

Location

Utrecht, Netherlands

count Of Investments

90

count Of Exists

22
BioStar Capital

BioStar Capital

BioStar Ventures is a Michigan-based venture capital company that invests in medical device technology services industries.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Venture Capital, Financial Services

Location

Petoskey, MI 49770, USA

count Of Investments

40

count Of Exists

7
Co-Investors
Investors
5
3

Number of lead investors

5

Number of investors

Investor 
Lead 
Round 
Partners 
No
Series D
No
Debt Financing
Yes
Series B, Series D
Invus Opportunities

Invus Opportunities

Invus Opportunities partners with management teams to create lasting value in growing companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Finance

count Of Investments

27

count Of Exists

1
CKM Capital Partners

CKM Capital Partners

CKM Capital Partners is a venture capital firm based in Ann Arbor.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Finance

Location

Ann Arbor, MI, USA

count Of Investments

9

count Of Exists

3
Michigan Accelerator Fund I

Michigan Accelerator Fund I

Michigan Accelerator Fund I is a venture capital fund that invests in early stage companies in Michigan.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

Grand Rapids, MI, USA

count Of Investments

8

count Of Exists

2

People

Founders
2
David R. Fischell
David R. Fischell

David R. Fischell

David Fischell is a serial entrepreneur who has founded nine biomedical device companies in the last fifteen years, including Angel Medical Systems. He is also a Director of eight biomedical technology companies (including five of those he founded) and was the primary designer of the BX Velocity™ and Cypher™ coronary stents for Cordis, a Johnson & Johnson Company. David is chairman of the Cornell University Biomedical Engineering Advisory Board, and a Fellow of the American Institute for Medical and Biological Engineering. Other companies founded by David include Neuralieve, Inc (2002) a developer of transcranial magnetic stimulation systems for migraine headaches; and NeuroPace, Inc. (1997) a developer of implantable brain pacemakers to treat epilepsy. After earning his Ph.D. in Applied Physics from Cornell University, David joined Bell Laboratories in 1979 where, for 11 years, he performed and directed a wide range of research and development projects. He left Bell Labs in 1991 to work full time on medical devices. He currently holds 85 issued U.S. patents, and has published numerous papers in the fields of telecommunications, cardiology, radiobiology, and radiation dosimetry.

current job

eNeura Therapeutics
eNeura Therapeutics

David R. Fischell

Tim Fischell
Tim Fischell

Tim Fischell

Tim Fischell is the Co-Founder, Chief Executive Officer & Board Member at CrossLiner

current job

CrossLiner

organization founded

5

Tim Fischell

Employee Profiles
9
Lisa Mastromattei

Lisa Mastromattei

VP Finance & Administration

Kate Rumrill

Kate Rumrill

President and CEO

Shawn Kim

Quality manager

Thomas Moore

VP, Market Development

Darrin Kent

VP R&D and Operations

Tim Fischell

Tim Fischell

CMO

Sonia Charrier

VP, Quality

David R. Fischell

David R. Fischell

Founder

Activity

Recent News
0