Last deal

Amount

Grant

Stage

06.06.2022

Date

2

all rounds

$1.13M

Total amount

date founded

Financing round

General

About Company
Valve Medical is developing a complete transcatheter solution for the Mitral and Tricuspid valves.

Industry

Sector :

Subsector :

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

VALFIX Medical is an early-stage start-up company that creates minimally-invasive clinical devices with complete transcatheter repair solutions based on its multi-wire technology. The company's technology is designed to eliminate mitral regurgitation in over 90% of severe MR patients, providing a solution that is the closest to the surgical standard in transcatheter mitral valve repair and replacement. Currently, severe MR patients undergo open heart surgery, but only 2% of them receive this treatment, leaving the remaining 98% with drug therapy alone, resulting in nearly 50% of them dying within 2 years. VALFIX Medical aims to provide a viable alternative to open-heart valve surgery, alleviating heart failure symptoms and treating various medical heart-related conditions.
Contacts

Contact Email

Phone number

Social url

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Financials

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Number of Funding Rounds

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Money Raised

Their latest funding was raised on 06.06.2022. Their latest investor Israel Innovation Authority. Their latest round Grant

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Israel Innovation Authority

Israel Innovation Authority

The Israel Innovation Authority manages the country's governmental support of innovation.

Sector

General Industrials

Subsector

Diversified Industrials

Keywords

Government, Association

Location

Jerusalem, Israel

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count Of Exists

7
Life Science Angels

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Co-Investors
Investors
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2

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Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Venture - Series Unknown
Israel Innovation Authority

Israel Innovation Authority

The Israel Innovation Authority manages the country's governmental support of innovation.

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People

Founders
3
Elad Yaacoby
Elad Yaacoby

Elad Yaacoby

current job

VALFIX Medical
VALFIX Medical

organization founded

1

Elad Yaacoby

Yaron Almagor
Yaron Almagor

Yaron Almagor

Dr. Yaron Almagor is the Director of Cardiac Catheterization and Interventional Cardiology Laboratories at Jesselson Heart Center, Shaare Zedek Medical Center; Jerusalem, Israel. Dr. Almagor is a leading cardiologist in Israel, and is well known and appreciated in the international cardiology community. Dr Almagor received his M.D. from the Milan University School of Medicine in Italy. He has been an Associate and Co-Director at the Columbus Heart Center in Milan, Italy. He holds a clinical fellowship in interventional cardiology at Ichilov Hospital in Israel and at the National Institute of Health in Bethesda, Maryland.

current job

VALFIX Medical
VALFIX Medical

organization founded

1

Yaron Almagor

Eli Bar
Eli Bar

Eli Bar

Eli Bar has over 15 years experience in medical device product development and more than seven years of experience as VP R&D in medical device companies. Mr. Bar has vast experience building a complete research and development structure; managing the team from the point of “an idea” to an advanced marketable product. He has been involved with many medical device projects over the years and has developed a synthetic vascular graft for femoral and coronary artery replacement, a covered stent, and a fully implantable VAD (Ventricular Assist Device). Mr. Bar has more than 9 filed device and method patents and he has initiated two medical device projects.Mr. Bar graduated from New Haven University, CT, with a B.Sc. of Mechanical Engineering.

current job

VALFIX Medical
VALFIX Medical

organization founded

1

Eli Bar

Employee Profiles
3
Yaron Almagor

Yaron Almagor

Chief Medical Officer

Elad Yaacoby

Elad Yaacoby

VP Clinical and Regulatory

Eli Bar

Eli Bar

CEO

Activity

Recent News
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