Filterlex Medical Ltd. Analysis
Filterlex Medical Ltd. is a promising medical device startup dedicated to revolutionizing cardiovascular care. Established in 2015 and headquartered in Israel, the company has garnered attention with its groundbreaking work in the Health Care industry. Filterlex's flagship product, aimed at providing full-body embolic protection for Transcatheter Aortic Valve Replacement (TAVR) procedures, bears the slogan "Full-body embolic protection for TAVR," reflecting its core purpose.
The company's overarching objective is to develop an advanced embolic protection device, thus mitigating the risk of stroke and other complications during catheter-based structural heart procedures. What sets Filterlex apart is its emphasis on addressing the limitations and weaknesses of current products, informed by a profound understanding of the unmet needs in the field.
In pursuit of its vision, Filterlex Medical Ltd. recently secured a €7.00M Venture Round investment on 21 December 2021. The infusion of capital came from The European Innovation Council, underscoring their confidence in the company's potential to drive innovation in cardiovascular care.
Filterlex is now poised to leverage this funding to propel its product development and strategic initiatives forward. As the company seeks seed funding to further bolster its trajectory, it stands as a compelling prospect in the ever-evolving landscape of medical technology startups.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | €7.00M | 1 | 21 Dec 2021 | |
Series A | $6.00M | - | 18 Nov 2021 | |
Grant | €2.10M | 1 | Horizon 2020 | 23 Sep 2019 |
Series A | $3.00M | - | 15 Jul 2019 | |
Grant | €71.43K | 1 | EASME - EU Executive Agency for SMEs | 01 Nov 2018 |
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