Capstan Medical Raises $110M for Robotic-Enabled Heart Valve SolutionCapstan Medical Raises $110M for Robotic-Enabled Heart Valve Solution

The Santa Cruz, CA-based company previously raised $31.4 million in a series B round.

Omar Ford

December 11, 2024

1 Min Read
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Capstan Medical has raised $110 million in a series C round to bring its robotic-enabled minimally invasive solutions to address heart valve disease to market.

This follows a $31.4 million round the Santa Cruz, CA-based company closed in August of 2023. The series C round was led by Eclipse, with participation from existing including Yu Galaxy and Intuitive Ventures, and new investment from Gideon Strategic Partners.

The new funding will give the company the opportunity to accelerate clinical trials; expand research and development, and scale operations.  

Capstan's minimally invasive solution seeks to overcome the limitations of current treatment options by bringing together novel heart valve implants and advanced catheter technology, fully enabled through a robotic platform, to treat a broader set of patients.

"Percutaneous intervention has the opportunity to dramatically increase the treatment options for the millions of people suffering from heart valve disease. At Capstan, we believe that our robotic platform with a full portfolio of implants can uniquely address the urgent needs of this underserved patient population," said Maggie Nixon, CEO of Capstan Medical. "We have pulled together the right people at the right time to make this happen and are energized by the incredible support of our investors." 

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About the Author

Omar Ford

Omar Ford is a veteran reporter in the field of medical technology and healthcare journalism. As Editor-in-Chief of MD+DI (Medical Device and Diagnostics Industry), a leading publication in the industry, Ford has established himself as an authoritative voice and a trusted source of information.

Ford, who has a bachelor's degree in print journalism from the University of South Carolina, has dedicated his career to reporting on the latest advancements and trends in the medical device and diagnostic sector.

During his tenure at MD+DI, Ford has covered a wide range of topics, including emerging medical technologies, regulatory developments, market trends, and the rise of artificial intelligence. He has interviewed influential leaders and key opinion leaders in the field, providing readers with valuable perspectives and expert analysis.

 

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