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Techsomed logo — Unlocking the true potential of Image Guided Ablation Therap...

Techsomed

Unlocking the true potential of Image Guided Ablation Therapy

Founded 2012 Israel Israel 29 employees Series B Total: $9.60M Biotechnology, Health Care

General Information

Company Name Techsomed
Founded Year 2012
Location Israel Israel
Employees 29
Industries Biotechnology, Health Care
Funding Stage Series B
Social

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About Techsomed

Techsomed is an Israeli-based medical device company, founded in 2012, with the slogan "Unlocking the true potential of Image Guided Ablation Therapy." The company is focused on developing ultrasound-based real-time monitoring systems for thermal ablation procedures, addressing the limitations of the current market. Thermal ablation has various applications including tumor destruction, heart arrhythmia, and blood pressure treatments. Despite its significant market size, the lack of real-time monitoring capabilities has led to high failure rates in these procedures. The last investment round of $7.00M was secured through a Series B funding at 03 March 2021, with participation from notable investors such as Axil Capital, CoBro Ventures, NextLeap Ventures, Radianx Capital, Yongjin Group, Magna Capital Partners, and Johnson & Johnson Innovation – JJDC. Techsomed's innovative technology aims to offer added value to patients, physicians, and insurance companies by mitigating the high failure rate associated with these minimally invasive and cost-effective procedures. With its focus on biotechnology and health care industries, the company's potential to disrupt the thermal ablation market and address critical unmet needs makes it an attractive prospect for venture capital investment.

Business keywords: medical device, ultrasound technology, real-time monitoring, thermal ablation, tumor destruction, heart arrhythmia, blood pressure treatment, minimally invasive procedures, Israeli company, innovation, physician support, insurance industry, startup

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Series B $7.00M 7
Axil Capital CoBro Ventures NextLeap Ventures
Axil Capital, CoBro Ventures +5
03 Mar 2021
Venture Round $2.60M 3
NextLeap Ventures
NextLeap Ventures, Amit Technion +1
30 May 2019

Latest News

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Bill Colston named CS Genetics CEO — Medicalbuyer.co.in
Bill Colston named CS Genetics CEO
Medicalbuyer.co.in Sep 25, 2024

Techsomed Alternatives & Competitors

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Techsomed vs
InterShunt Technologies, Inc.
InterShunt Technologies, Inc. United States

Heart Failure is one of the most debilitating medical issues we face. It is the leading cause of hos...

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7 employees
Biotechnology, Health Care
Compare Techsomed vs InterShunt Technologies, Inc.
Techsomed vs
Monteris Medical
Monteris Medical United States

Advancing Science. Transforming Lives.

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114 employees
Biotechnology, Health Care
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Techsomed vs
Biosense Webster
Biosense Webster United States

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FAQ About Techsomed

Unlocking the true potential of Image Guided Ablation Therapy
Techsomed was founded in 2012.
Techsomed is headquartered in Israel.
Techsomed operates in Biotechnology and Health Care. Its work centres on medical device, ultrasound technology, real-time monitoring and thermal ablation.
Techsomed has approximately 29 employees.
Techsomed has completed 2 funding rounds, raising a total of $9.60M. The latest funding stage is Series B.
Top alternatives and competitors to Techsomed include InterShunt Technologies, Inc., Monteris Medical, Biosense Webster, Impulse Dynamics, GI Windows Surgical. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Techsomed and InterShunt Technologies, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Techsomed, https://bouncewatch.com/company/techsomed, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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