TechsoMed

About:

Ultrasound based real-time monitoring systems for thermal ablation procedures

Website: http://www.techsomed.com/

Top Investors: Johnson & Johnson Innovation – JJDC, NextLeap Ventures, Cobro Ventures, Yongjin Group, Magna Capital Partners

Description:

TechsoMed is an Israeli based medical device company, developing ultrasound based real-time monitoring systems for thermal ablation procedures. The applications of thermal ablation are numerous: tumor destruction, heart arrhythmia, blood pressure treatments and more. The procedure has market size in the billions, but lacks real-time monitoring capabilities, causing high failure rates. Their technology offers added value to patients, physicians and insurance companies by solving the high failure rate of these minimally invasive and cost effective procedures.

Total Funding Amount:

$9.6M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Rehovot, HaMerkaz, Israel

Founded Date:

2012-01-01

Founders:

Yossi Abu

Number of Employees:

1-10

Last Funding Date:

2021-03-03

IPO Status:

Private

Industries:

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