FundedIQ
Biotechnology

Vessi Medical: Funding, Investors & Team (Sep 2026)

Vessi Medical, an Israeli medical device startup, brings a new approach to treat Non-Muscle-Invasive Bladder Cancer (NMIBC). Vessi uses surface cryotherapy, a treatment that utilizes extreme cold, to freeze and destroy abnormal tissue. Categorized as surface cancer on the inside lining of the bladder, NMIBC affects 2 million people globally with 300,000 new cases reported every year. TransUrethral Resection of Bladder Tumor (TURBT) is the leading first-line therapy. Yet, this invasive surgical procedure, requiring a costly hospital stay performed under general anesthesia, can often be inadequate. In up to 80% of cases the cancer returns, with increased complications as patients need multiple repeat procedures that further reduce quality of life. Vessi's minimally invasive NMIBC solution provides a new, first-line, office-based therapy alternative to surgery. The company's patent-pending, bladder-specific cryotherapy technology eliminates costly and problematic repeat surgeries seen with TURBT, reducing the need for hospital stay by providing in office or ambulatory treatment. The technology successfully ablates unwanted tissue, reduces the risk of dispersed cancers cells, all while causing no bladder damage. The Vessi system consists of a standalone console and a disposable catheter that is inserted into the bladder. Vessi is backed by the Trendlines Group, a leading Israeli early stage investor, and led by seasoned medical device and cryotherapy veterans. The company has already demonstrated promising proof of concept in animals with its Alpha product. Vessi’s first application will initially target the $1.2 billion NMIBC market, with future applications for the treatment of overactive bladder and urinary tract infections, both billion-dollar markets.

www.vessimed.com LinkedIn Misgav, Israel 1-10 employees
Biotechnology Medical Device B2B B2C
Total raised
$16.5M
Rounds
1
Latest
Series A
Feb 2024

Vessi Medical has raised $16.5M across 1 funding round on record, the most recent a Series A of $16.5M announced in Feb 2024.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Vessi Medical Company Profile and Key Stats

Total funding raised
$16.5M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$16.5M in Feb 2024
Employees
1-10
reported band
Headquarters
Misgav, Israel

Latest funding round on record: Feb 2024.

Vessi Medical Funding Rounds

Date
Round
Amount
Series A
$16.5M

Vessi Medical Founders and Leadership Team

Name
Role
Contact
Eyal Kochavi
Founder
Locked

Contact details for the Vessi Medical team: 1 of 1 has an email address on file.

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Vessi Medical Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
1,012
$13M
8,352
$15M

Vessi Medical's latest round of $16.5M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Vessi Medical Funding FAQs

What does Vessi Medical do?

Vessi Medical, an Israeli medical device startup, brings a new approach to treat Non-Muscle-Invasive Bladder Cancer (NMIBC). Vessi uses surface cryotherapy, a treatment that utilizes extreme cold, to freeze and destroy abnormal tissue. Categorized as surface cancer on the inside lining of the bladder, NMIBC affects 2 million people globally with 300,000 new cases reported every year. TransUrethral Resection of Bladder Tumor (TURBT) is the leading first-line therapy. Yet, this invasive surgical procedure, requiring a costly hospital stay performed under general anesthesia, can often be inadequate. In up to 80% of cases the cancer returns, with increased complications as patients need multiple repeat procedures that further reduce quality of life. Vessi's minimally invasive NMIBC solution provides a new, first-line, office-based therapy alternative to surgery. The company's patent-pending, bladder-specific cryotherapy technology eliminates costly and problematic repeat surgeries seen with TURBT, reducing the need for hospital stay by providing in office or ambulatory treatment. The technology successfully ablates unwanted tissue, reduces the risk of dispersed cancers cells, all while causing no bladder damage. The Vessi system consists of a standalone console and a disposable catheter that is inserted into the bladder. Vessi is backed by the Trendlines Group, a leading Israeli early stage investor, and led by seasoned medical device and cryotherapy veterans. The company has already demonstrated promising proof of concept in animals with its Alpha product. Vessi’s first application will initially target the $1.2 billion NMIBC market, with future applications for the treatment of overactive bladder and urinary tract infections, both billion-dollar markets.

How much funding has Vessi Medical raised?

Vessi Medical has raised $16.5M across 1 round on record. The most recent is a Series A of $16.5M announced in Feb 2024.

When did Vessi Medical last raise funding?

Vessi Medical's most recent funding round on record is a Series A of $16.5M, announced in Feb 2024.

Who founded Vessi Medical?

FundedIQ lists Eyal Kochavi (Founder) at Vessi Medical.

Where is Vessi Medical headquartered?

Vessi Medical is based in Misgav, Hazafon, Israel.

How many employees does Vessi Medical have?

Vessi Medical is in the 1-10 employee band.

How does Vessi Medical's funding compare to other Biotechnology startups?

Vessi Medical's latest round of $16.5M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's Vessi Medical 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 Vessi Medical is left off this page rather than filled in.

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