Company Overview
Snapshot
Founded in June 2016 by Eli Bar and Elad Yaacoby, VALFIX Medical operates with 1–10 employees. The company has raised $8.76 million across eight funding rounds with investors including Life Science Angels (LSA) and KYTO. In March 2024, VALFIX Medical announced the issuance of a new U.S. patent for its mitral valve repair technology, highlighting its ongoing innovation in the medical device sector.
Business overview
VALFIX Medical is a Health Tech & Life Sciences company focused on developing a revolutionary transcatheter mitral valve repair system. Its core technology aims to convert open-heart valve surgery into a less invasive transcatheter procedure, addressing severe functional mitral regurgitation (FMR) in millions of patients who currently lack viable treatment options due to high surgical risks. The company's innovative system allows cardiologists to perform these procedures to alleviate heart failure symptoms, improve quality of life, and save lives, serving the medical devices, cardiovascular, and cardiology sectors.
Strategic signal
In March 2024, VALFIX Medical announced the issuance of a new U.S. patent for its mitral valve repair technology. This development signals continued innovation and intellectual property growth within the company, reinforcing its position in the competitive medical device market and potentially enhancing its long-term strategic value for investors and partners.
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- What is VALFIX Medical's core product?
- VALFIX Medical has developed a revolutionary mitral valve repair system designed to convert open-heart valve surgery into a transcatheter procedure, addressing severe functional mitral regurgitation (FMR).
- When was VALFIX Medical founded?
- VALFIX Medical was founded in June 2016.
- Has VALFIX Medical secured any recent patents?
- In March 2024, VALFIX Medical announced the issuance of a new U.S. patent for its mitral valve repair technology.
- Who are the founders of VALFIX Medical?
- VALFIX Medical was co-founded by Eli Bar and Elad Yaacoby.
- Has VALFIX Medical received grants from the Israel Innovation Authority?
- In December 2023, VALFIX Medical secured its fifth consecutive grant from the Israel Innovation Authority.