FundedIQ
Health Care

Medical 21: Funding, Investors & Team (Oct 2026)

Reshaping the future of cardiac bypass surgery. Medical 21, Inc. is a developmental stage medical device company founded by Dr. Manny Villafaña Ph.D.Sc located in Minneapolis, MN. We are developing and will market an artificial artery to bypass blockages in the heart. Our artificial graft would eliminate the harvesting of vessels for cardiac bypass surgery, which improves the quality of life for patients and reduces costs for the healthcare system.

www.medical21.com LinkedIn Minneapolis, United States 11-50 employees
Clinical Trials Health Care Medical Medical Device B2B
Total raised
$2.5M
Rounds
1
Latest
Undisclosed round
Sep 2022

Medical 21 has raised $2.5M across 1 funding round on record, the most recent an undisclosed round of $2.5M announced in Sep 2022.

That round is below the $4.9M median round size for Health Care companies tracked on FundedIQ over the last two years.

Medical 21 Company Profile and Key Stats

Total funding raised
$2.5M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$2.5M in Sep 2022
Employees
11-50
reported band
Headquarters
Minneapolis, United States

Latest funding round on record: Sep 2022.

Medical 21 Funding Rounds

Date
Round
Amount
Undisclosed round
$2.5M

Medical 21 Founders and Leadership Team

Name
Role
Contact
Manuel A Villafana
CEO
—

No contact details are on record for this team yet.

Medical 21 Funding Compared to Other Health Care Startups

Segment
Companies
Median round
3,659
$4.9M
30,234
$7.6M

Medical 21's latest round of $2.5M is below the median round in Health Care. Medians cover the last 24 months of disclosed rounds.

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Medical 21 Funding FAQs

What does Medical 21 do?

Reshaping the future of cardiac bypass surgery. Medical 21, Inc. is a developmental stage medical device company founded by Dr. Manny Villafaña Ph.D.Sc located in Minneapolis, MN. We are developing and will market an artificial artery to bypass blockages in the heart. Our artificial graft would eliminate the harvesting of vessels for cardiac bypass surgery, which improves the quality of life for patients and reduces costs for the healthcare system.

How much funding has Medical 21 raised?

Medical 21 has raised $2.5M across 1 round on record. The most recent is an undisclosed round of $2.5M announced in Sep 2022.

When did Medical 21 last raise funding?

Medical 21's most recent funding round on record is an undisclosed round of $2.5M, announced in Sep 2022.

Who is the CEO of Medical 21?

Manuel A Villafana is listed as CEO at Medical 21.

Where is Medical 21 headquartered?

Medical 21 is based in Minneapolis, Minnesota, United States.

How many employees does Medical 21 have?

Medical 21 is in the 11-50 employee band.

How does Medical 21's funding compare to other Health Care startups?

Medical 21's latest round of $2.5M is below the $4.9M median round size for Health Care companies on FundedIQ across 3,659 tracked companies over the last two years.

About FundedIQ's Medical 21 Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Medical 21 is left off this page rather than filled in.

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