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Arga Medtech
Developing Cardiac Ablation System for treating cardiac arrhythmias
About Arga Medtech
Argamedtech is a venture capital-backed company specializing in the development of advanced cardiac ablation systems for the treatment of cardiac arrhythmias, particularly atrial fibrillation (AF). The company operates in the medical technology sector, focusing on creating next-generation non-thermal cardiac ablation systems. These systems utilize pulsed field ablation (PFA) and irreversible electroporation (IRE) technologies, which offer significant improvements over traditional radiofrequency (RF) and cryotherapy methods.
The primary clients of Argamedtech are healthcare providers, including hospitals and specialized cardiac treatment centers, that require cutting-edge solutions to improve patient outcomes. The company’s innovative power generator and proprietary catheter provide unmatched flexibility and efficacy in treating AF, which affects approximately 33 million people worldwide.
Argamedtech’s business model revolves around the development, manufacturing, and sale of its proprietary cardiac ablation systems. Revenue is generated through the direct sale of these systems to healthcare institutions, as well as through potential licensing agreements and partnerships with other medical technology companies.
By addressing the limitations of existing ablation technologies, Argamedtech aims to significantly enhance the long-term success rates of cardiac ablation procedures, thereby reducing the incidence of stroke, heart failure, and other cardiovascular morbidities associated with AF.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Epalinges, Switzerland
- Employees
- 37
- Open positions
- None listed
- Dealroom signal
- 92.7/100
- Industry
- Health
- Sub-industry
- Medical Devices
- Sector
- Health Tech & Medtech, Cardiology and cardiovascular, Hard Tech, DT and LS, science-based, Swiss DT MedTech
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Feb 2024 | $59M | $238M | Advent Life Sciences · Earlybird Venture Capital · Gilde Healthcare | ↗ |
| SERIES AOther financing | Jan 2021 | $11M | $44M | Earlybird Venture Capital | — |
Growth signals
Latest recorded traffic for Arga Medtech is 2.2K monthly website visits, up 69.2% over the last three months. Arga Medtech's team grew 12.1% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Earlybird Venture Capital
Advent Life Sciences
Gilde Healthcare
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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