MicroMed Technology
MicroMed Technology, Inc., a privately held company, develops products to help patients suffering from congestive heart failure.
Business Model:
Revenue: $0
Employees: 11-50
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Detailed MicroMed Technology Information
Geographic Data
Address:
City: Houston
State: Texas
Zip:
Country: United States
Financial Info
Stage:
series d
Raised Last:
$23M
Raised Total:$41M
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Description
According to American Heart Association statistics, 20,000-40,000 patients in the United States would benefit from a heart transplant. The MicroMed DeBakey VAD®, jointly developed with Dr. Michael DeBakey, Dr. George Noon and the National Aeronautics and Space Administration (NASA), has the potential to keep many of these people alive until a donor heart becomes available. Weighing less than four ounces, the device is silent and is approximately 1/10 the size of other pulsatile products on the market. The MicroMed DeBakey VAD® is designed to be a lower-cost, less invasive alternative to the commercially available, larger ventricular assist devices (VADs).
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2002 | Series D | 6 | $23M |
C.E. Unterberg, Towbin Charterhouse Group International Essex Woodlands Healthcare Partners Mitsui Global Investment Oxford Bioscience Partners SV Health Investors C.E. Unterberg, Towbin Charterhouse Group International Essex Woodlands Healthcare Partners Mitsui Global Investment Oxford Bioscience Partners SV Health Investors |
3/2000 | Series C | $17.6M |
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