Innovalve

Acquired

Ramat Gan, Israel · Founded 2017 · $17.7M raised

Headquarters
Ramat Gan
Employees
11–50
Founded
2017
Business Model
B2B
Total Funding
$17.7M
Last Round
$7.2M Series BJun 2022
Rounds
2
Acquired by
Edwards LifesciencesJul 2024 · $300.0M

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Innovalve Bio Medical is an Israeli medical device company founded in 2017 as a spinout from Sheba Medical Center's ARC Innovation program, based in Ramat Gan. Founded by Prof. Ehud Ra'anani and Dr. Boris Orlov of Sheba's Cardiovascular and Thoracic Center, the company developed the Innostay Transcatheter Mitral Valve Replacement system, an artificial mitral valve implanted via a minimally invasive catheter using a proprietary rotational deployment mechanism, offering an alternative to open-heart surgery for patients with mitral valve disease. Innovalve raised roughly $30 million from investors including ALIVE VC and OurCrowd before being acquired by Edwards Lifesciences for approximately $300 million in July 2024.

Summary

Innovalve is a Biotech company based in Ramat Gan, Israel, founded in 2017. It has raised $17.7M in total across 2 rounds, most recently a $7.2M Series B round in Jun 2022. Investors include ALIVE Israel HealthTech Fund, Edwards Lifesciences and OurCrowd.

Funding & Exit History

AcquisitionJul 2024

Sign up to see all 3 events

Funding: Seed through Series B. Amounts, valuations, and investors where available.

Investors

Similar Companies

Pharmaceutical Product Development, Inc. (PPD)Acquired

Global contract research organization providing comprehensive drug development and laboratory ser...

Wilmington, United States10001+Biotech, Healthcare
Private EquityTotal funding$3.9BJan 2019
Warner ChilcottAcquired

Specialty pharmaceutical company

Rockaway, United States1001–5000Biotech, Healthcare
Private EquityTotal funding$3.0BJan 2004
Altos Labs

Altos Labs combines academic science and industry development to create medicines that restore ce...

San Francisco, United States501–1000Life Sciences, Biotech
Series ATotal funding$3.0BJan 2022
Syneos HealthAcquired

Integrated biopharmaceutical solutions company

Burlington, United States10001+Biotech, Healthcare
Private EquityTotal funding$3.0BMay 2017
BeiGeneIPO

BeOne Medicines develops transformative oncology medicines through rigorous science, an accelerat...

Cambridge, United States10001+Biotech, Oncology
Corporate RoundTotal funding$2.8BJan 2020
BridgeBioIPO

BridgeBio develops treatments for genetic conditions through autonomous condition-focused teams s...

San Francisco Bay Area, United States201–500Biotech, Healthcare
Growth EquityTotal funding$2.7BJul 2026

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Innovalve on Indexed.vc
<a href="https://indexed.vc/companies/innovalve"><img src="https://indexed.vc/api/badge/company/innovalve" alt="Innovalve on Indexed.vc" width="260" height="76" /></a>