Funded Medical Equipment Manufacturing Startups
The disclosed funding amounts in this medical equipment manufacturing set cluster into a mid-range, with a single outlier at the top: Presidio Medical rais…
The disclosed funding amounts in this medical equipment manufacturing set cluster into a mid-range, with a single outlier at the top: Presidio Medical raised $72M on 2023-06-26, which sits above the next-largest disclosed rounds of $54M (Openwater, 2024-08-22) and $15M (Galen Robotics, 2022-11-01). Most other disclosed amounts fall at or below $7M (e.g., Tetrous $7M on 2025-03-10; UNandUP $3M on 2023-07-17; Embolx $2M on 2022-11-01).
The timing and geography also show concentration. Eight of 12 rows have disclosed amounts, and four are undisclosed ($M not provided), while “Series Unknown” appears in 5 of 12 entries (CERV 2025-04-23, Openwater 2024-08-22, Mirai Medical 2023-06-06, Neochord Inc 2022-11-14, and Ka Imaging 2022-11-02). Date coverage runs from 2022-11-01 (Embolx and Galen Robotics) to 2025-05-01 (Provisio Medical), and multiple deals cluster in Missouri and the St. Louis area (CERV 2025-04-23; UNandUP 2023-07-17; also Neochord Inc based in St. Louis Park, Minnesota).
Most recent rounds
12 shownRelated listings
Frequently asked
Which disclosed round is the outlier, and how does it compare with the rest of the disclosed amounts?
Presidio Medical’s $72M round on 2023-06-26 is the largest disclosed amount in the 12-row view; the next-largest disclosed rounds are $54M (Openwater, 2024-08-22) and $15M (Galen Robotics, 2022-11-01), while the majority of other disclosed rounds are $7M or less (e.g., Tetrous $7M on 2025-03-10; UNandUP $3M on 2023-07-17).
Do rounds cluster around a particular time window rather than being evenly spread?
There is noticeable activity in mid-2023 and late-2022: 2023 has Presidio Medical ($72M on 2023-06-26), Mirai Medical (undisclosed on 2023-06-06), and UNandUP ($3M on 2023-07-17). Late-2022 also concentrates multiple entries on/near 2022-11-01 to 2022-11-14 (e.g., Embolx $2M on 2022-11-01; Galen Robotics $15M on 2022-11-01; Neochord Inc $3M on 2022-11-14).
Are certain cities or regions over-represented in this list?
Missouri and the broader St. Louis area recur more than once: CERV is in Saint Louis (2025-04-23) and UNandUP is also in St Louis (2023-07-17). California appears repeatedly as well, including Provisio Medical (San Diego, 2025-05-01), Tetrous (Sherman Oaks, 2025-03-10), Openwater (San Francisco, 2024-08-22), and Embolx (Sunnyvale, 2022-11-01).
How often is the round stage missing or labeled as “Series Unknown”?
Stage data is incomplete in multiple ways: 4 of 12 rows list “undisclosed” amounts (CERV 2025-04-23; Mirai Medical 2023-06-06; Biocoat 2022-11-02; Ka Imaging 2022-11-02), and “Series Unknown” appears in 5 of 12 entries (including Openwater on 2024-08-22 and Neochord Inc on 2022-11-14).
Which “later” entries fall within the most recent 90 days of the latest round date shown?
Using the most recent row date of 2025-05-01, the 90-day window includes Provisio Medical (2025-05-01), CERV (2025-04-23), and Tetrous (2025-03-10). Earlier than that, Openwater on 2024-08-22 falls outside the 90-day window.
Are there identifiable size gaps worth attention between the top rounds and the rest?
Yes. After Presidio Medical’s $72M (2023-06-26), the disclosed amounts drop to $54M (Openwater, 2024-08-22) and then a clear lower tier at $15M (Galen Robotics, 2022-11-01) followed by smaller rounds like $7M (Tetrous, 2025-03-10) and $3M (UNandUP, 2023-07-17; Neochord Inc, 2022-11-14).
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