How Much Did AdjuCor Raise?
Funding & Key Investors

AdjuCor, a Munich-based medical technology innovator, has successfully secured significant capital to advance its proprietary implantable heart assist device. The company has reached a cumulative valuation milestone represented by $37.9M, bolstered by a recent strategic investment of $35.3M. This infusion of capital underscores investor confidence in the firm's ability to disrupt the cardiovascular device market by addressing critical limitations in current mechanical circulatory support systems.

What is AdjuCor?

AdjuCor
ManufacturingMedical Devices & EquipmentBusiness Services

Founded in 2012, AdjuCor is pioneering a paradigm shift in cardiac care. Unlike traditional ventricular assist devices that often trigger adverse hemocompatibility issues due to direct blood contact, AdjuCor's technology is engineered to provide mechanical support while entirely bypassing blood-contact complications. This breakthrough approach positions the company at the forefront of bio-engineering, targeting a massive unmet need in the treatment of heart failure. By focusing on non-invasive, complication-free mechanical assistance, AdjuCor is effectively redefining the standard of care for patients requiring long-term cardiac support, moving beyond the limitations of existing pump-based technologies.

How much funding has AdjuCor raised?

AdjuCor has raised a total of $37.9M across 2 funding rounds:

2019

Series A

$2.6M

2021

Series B

$35.3M

Series A (2019): $2.6M, investors not publicly disclosed

Series B (2021): $35.3M led by MitrAssist and Maurizio Group

Key Investors in AdjuCor

MitrAssist

MitrAssist is a medical device firm specializing in minimally invasive treatments for Mitral Regurgitation, focusing on innovative valve-in-valve implants that improve patient outcomes.

Maurizio Group

An investment entity providing strategic capital to support the growth and development of high-potential medical technology ventures.

Undisclosed Investor

An undisclosed investor participating in the funding round to support the advancement of innovative cardiovascular medical devices.

What's next for AdjuCor?

With the recent influx of capital, AdjuCor is well-positioned to accelerate its clinical development pipeline and navigate the rigorous regulatory pathways required for market entry. The company's strategic roadmap likely involves scaling its manufacturing capabilities and expanding clinical trials to validate the long-term efficacy of its blood-contact-free platform. As the firm transitions from a development-stage entity to a commercial-ready medical device manufacturer, the focus will remain on securing further clinical data and establishing partnerships with major healthcare providers. This major enterprise-level funding provides the necessary runway to finalize product iterations and prepare for a potential market launch that could fundamentally alter the landscape of heart failure management.

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Frequently Asked Questions Regarding AdjuCor Financial Insights

What are the most recent funding rounds that AdjuCor has completed, and what were the funding rounds?
AdjuCor has recently completed 2 funding rounds: Series B on Jun 9, 2021, Series A on Aug 7, 2019.
What is the total amount of funding AdjuCor has raised to date?
AdjuCor has raised a total of $37.9M in funding to date.
How many funding rounds has AdjuCor completed?
AdjuCor has completed 2 funding rounds.
How much funding did AdjuCor raise in its most recent funding round?
AdjuCor raised $35.3M in its most recent funding round.
Who are the lead investors in AdjuCor's latest funding round?
The lead investor in AdjuCor's latest funding round was MitrAssist. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in AdjuCor's history?
The largest funding round in AdjuCor's history was $35.3M.
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