Tech Company Financing Transactions
Acorai Funding Round
Acorai closed a $2.5 million funding round on 11/8/2023. Backers included European Innovation Council Fund.
Transaction Overview
Company Name
Announced On
11/8/2023
Transaction Type
Venture Equity
Amount
$2,458,000
Round
Undisclosed
Investors
European Innovation Council Fund (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate the progress of its goals, which are focused on clinical validation and regulatory submissions to enable commercialization.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
C/o HETCH AB Redaregatan 48
Helsingborg, 25236
SW
Helsingborg, 25236
SW
Phone
Website
Email Address
Overview
Acorai is developing a device for heart failure management through non-invasive intracardiac pressure monitoring (ICPM), to help reduce hospitalizations and readmissions. Our product, The Acorai Heart Monitor, can monitor mean pulmonary artery pressure (mPAP) non-invasively through a machine learning analysis of pressure dynamics in acoustics,vibratory and waveform data. Our technology show compelling precision, has a low-risk clinical and regulatory pathway, a low dependence on reimbursement and a fast track to commercialization. With a team with more than 50 years of industry experience, we can help heart failure patients live longer, healthier, and less uncertain lives.
Management Team
Title
Name
Email & Social
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