CardioMech
Manufacturing · Norway · 1-10 Employees
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Overview
Headquarters
C/o Nikolai Hiorth Udbyes Gate 3a, Trond...Phone Number
+47 21546100Website
www.cardiomech.comRevenue
<$5 MillionIndustry
ZI Rank: 1
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About CardioMech
CardioMech is focused on designing innovative therapeutic options for heart disease, specifically targeting Mitral Regurgitation, a prevalent and serious cardiovascular condition. Their flagship product, the CardioMech MVRS, is a transcatheter mitral valve repair solution that aims to simplify procedures for patients, offering a less invasive alternative to traditional open-heart surgery. This device is intended for both patients eligible for surgery and those deemed surgically ineligible, potentially reducing the need for more invasive interventions. Currently, the CardioMech MVRS is in the investigational stage and is not available for sale.Explore more
CardioMech Org Chart
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Activity Insights
CardioMech is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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CardioMech financials insights
Gather financial insights about CardioMech, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2019
Debt
$5M
2020
Series A
$18.5M
2024
Other Financing Round
$13M
CardioMech Tech Stack
A closer look at the technologies used by CardioMech
Most Recent Scoops
Funding
Funding
Funding
Funding
, a medical device company, has secured $5 million in funding. Investments came from undisclosed MedTech investors.
Funding
Funding
CardioMech News & Media
CARDIOMECH RAISES $13M IN HEAVILY OVERSUBSCRIBED ROUND FOR ITS TRANSCATHETER MITRAL CHORDAL REPAIR TECHNOLOGY
CardioMech received strong support by investors despite challenging environment because of its potential to be a category-defining Chordal Repair technology MINNEAPOLIS, Jan. 2, 2024 /PRNewswire/ -- Norway-based CardioMech AS, a medical device company developing a transfemoral,...CardioMech AS Announces $18.5M Series A for its Transcatheter Mitral Valve Repair Technology
The Series A, led by a non-disclosed strategic investor, together with Hadean Ventures and Investinor, will fund CardioMech's journey to treat patients in a first-in-human feasibility trial MINNEAPOLIS, Aug. 5, 2020 /PRNewswire/ -- Minneapolis based CardioMech AS, a medical device company...CardioMech Raises $5M in Funding
CardioMech AS, an Oslo, Norway-based company developing a transcatheter mitral valve repair technology, closed on a convertible note financing of $5m. The note included investments from MedTech investors and brings the total amount raised for CardioMech to $7.5m in 2019. The company intends to use the funds to further accelerate the development of its technology. […] The post CardioMech Raises $5M in Funding appeared first on FinSMEs.CardioMech Raises $5 Million in Heavily Oversubscribed Financing
OSLO, Norway, Aug. 12, 2019 /PRNewswire/ -- CardioMech AS, a privately-held company developing a transcatheter mitral valve repair technology, announced today that it has closed on a convertible note financing of $5 million, significantly oversubscribed. The note included investments from...
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CardioMech is focused on designing innovative therapeutic options for heart disease, specifically targeting Mitral Regurgitation, a prevalent and serious cardiovascular condition. Their flagship product, the CardioMech MVRS, is a transcatheter mitral valve repair solution that aims to simplify procedures for patients, offering a less invasive alter... Read More
