Funded Medical Equipment Manufacturing Startups
Disclosed round sizes in this medical equipment manufacturing set are tightly clustered at the low tens of millions, except for one clear outlier: Openwate…
Disclosed round sizes in this medical equipment manufacturing set are tightly clustered at the low tens of millions, except for one clear outlier: Openwater’s $54M disclosed round (2024-08-22) sits far above the rest, with the next-largest disclosed amount being Presidio Medical’s $72M (2023-06-26) and only four other disclosed amounts above $10M (Galen Robotics $15M on 2022-11-01; UNandUP $3M on 2023-07-17; UNandUP and others remain below that range), while multiple entries are not disclosed (CERV, Mirai Medical, Biocoat, Ka Imaging). Timing shows a second concentration: several rounds land in mid-2023 to mid-2024, including Presidio Medical (2023-06-26, $72M) followed by Openwater (2024-08-22, $54M) and UNandUP (2023-07-17, $3M).
Geographically, entries skew toward the U.S. across multiple states, with California appearing repeatedly (Tetrous in Sherman Oaks on 2026-04-21; Openwater in San Francisco on 2024-08-22; Embolx in Sunnyvale on 2022-11-01; Presidio Medical in South San Francisco on 2023-06-26). Stage labeling is also skewed: “Series Unknown” accounts for 8 of 12 rows, while only one “Series A” (Galen Robotics, 2022-11-01, $15M) and one “Series C” (Presidio Medical, 2023-06-26, $72M) appear. The rows span 2022-11-01 through the most recent entry on 2026-04-21 (Tetrous).
Most recent rounds
12 shownRelated listings
Frequently asked
Which company has the largest disclosed round in this medical equipment manufacturing list, and how separated is it from the next-largest disclosed amount?
Presidio Medical has the largest disclosed amount at $72M on 2023-06-26. The next-largest disclosed amount is Openwater’s $54M on 2024-08-22, with the remaining disclosed rounds (e.g., Galen Robotics $15M on 2022-11-01 and multiple $3M/$2M rounds) staying well below that gap.
Do the rounds cluster in time, or are they spread evenly across the date window shown?
They’re more concentrated around specific years than evenly distributed: the oldest disclosed row date is 2022-11-01 (Embolx $2M; Galen Robotics $15M), and the list includes multiple entries in late 2022 (e.g., 2022-11-02 with Neochord Inc $3M). There’s also a mid-2023 to mid-2024 stretch with Presidio Medical (2023-06-26, $72M), UNandUP (2023-07-17, $3M), and Openwater (2024-08-22, $54M).
Are any states or cities over-represented, particularly in California?
California shows up repeatedly across different metros: Tetrous (Sherman Oaks, 2026-04-21, $2M), Openwater (San Francisco, 2024-08-22, $54M), Presidio Medical (South San Francisco, 2023-06-26, $72M), and Embolx (Sunnyvale, 2022-11-01, $2M). Outside California, Missouri also appears more than once (CERV in Saint Louis, 2025-04-23, undisclosed; Neochord Inc in St. Louis Park, 2022-11-14, $3M).
How dominant is “Series Unknown,” and how many rows have undisclosed amounts?
“Series Unknown” is the majority label at 8 of 12 rows (e.g., Tetrous on 2026-04-21 with $2M; Openwater on 2024-08-22 with $54M). Separately, 4 of 12 rows have undisclosed amounts: CERV (2025-04-23), Mirai Medical (2023-06-06), Biocoat (2022-11-02), and Ka Imaging (2022-11-02).
Which part of the list looks most outlier-heavy by geography, given non-U.S. presence?
Among the 12 rows, the most notable non-U.S. entry is Mirai Medical in Oranmore, Galway, Ireland (2023-06-06) with an undisclosed amount. In contrast, the largest disclosed amounts ($72M by Presidio Medical in South San Francisco on 2023-06-26, and $54M by Openwater in San Francisco on 2024-08-22) are U.S.-based.
What stage mix appears most often in this dataset’s disclosed sizes?
Only two rows carry explicit stages: Galen Robotics is “Series A” at $15M on 2022-11-01, and Presidio Medical is “Series C” at $72M on 2023-06-26. The remaining entries are primarily “Series Unknown” (for example, Embolx $2M on 2022-11-01 and UNandUP $3M on 2023-07-17), with multiple undisclosed-amount rows also falling under “Series Unknown.”
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