About Argá Medtech
Argá Medtech is a company based in Epalinges (Switzerland) founded in 2020 by David Neale and Randy Werneth.. Argá Medtech has raised $58.52 million across 1 funding round from investors including Advent Life Sciences, Earlybird and Gilde Healthcare. Argá Medtech offers products and services including Pulsed Field Ablation System and Proprietary Catheter. Argá Medtech operates in a competitive market with competitors including Kardium, Adagio Medical, Farapulse, Affera and Field Medical, among others.
- Headquarter Epalinges, Switzerland
- Founders David Neale, Randy Werneth
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Argá Medtech Sa
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$58.52 M (USD)
in 1 rounds
-
Latest Funding Round
$58.52 M (USD), Series B
Feb 27, 2024
-
Investors
Advent Life Sciences
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Argá Medtech
Argá Medtech offers a comprehensive portfolio of products and services, including Pulsed Field Ablation System and Proprietary Catheter. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Non-thermal system for safe cardiac ablation to treat arrhythmias.
Catheter designed for versatile use in ablation procedures.
Unlock access to complete
Unlock access to complete
Funding Insights of Argá Medtech
Argá Medtech has successfully raised a total of $58.52M through 1 strategic funding round. The most recent funding activity was a Series B round of $58.52 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $58.5M
-
First Round
First Round
(27 Feb 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series B - Argá Medtech | Valuation | Advent Life Sciences , Earlybird |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Argá Medtech
Argá Medtech has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Advent Life Sciences, Earlybird and Gilde Healthcare. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early and mid-stage life science focused VC firm investing in the US and Europe
|
Founded Year | Domain | Location | |
|
Earlybird is recognized as a venture capital investor focused on early-stage tech companies.
|
Founded Year | Domain | Location | |
|
Private equity and venture captial firm focused on healthcare sectors
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Argá Medtech
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Argá Medtech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Argá Medtech Comparisons
Competitors of Argá Medtech
Argá Medtech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kardium, Adagio Medical, Farapulse, Affera and Field Medical, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Atrial fibrillation ablation devices are developed by Kardium.
|
|
| domain | founded_year | HQ Location |
Cardiovascular therapies are developed by Adagio Medical in stealth mode.
|
|
| domain | founded_year | HQ Location |
Devices for cardiac ablation via pulsed field technology are developed.
|
|
| domain | founded_year | HQ Location |
Devices for treating heart rhythm disorders are developed.
|
|
| domain | founded_year | HQ Location |
Pulsed electric field ablation devices for heart arrhythmias are developed.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Argá Medtech
Frequently Asked Questions about Argá Medtech
When was Argá Medtech founded?
Argá Medtech was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Argá Medtech located?
Argá Medtech is headquartered in Epalinges, Switzerland. It is registered at Epalinges, Vaud, Switzerland.
Who is the current CEO of Argá Medtech?
David Neale is the current CEO of Argá Medtech. They have also founded this company.
Is Argá Medtech a funded company?
Argá Medtech is a funded company, having raised a total of $58.52M across 1 funding round to date. The company's 1st funding round was a Series B of $58.52M, raised on Feb 27, 2024.
What does Argá Medtech do?
Argá Medtech was founded in 2020 and is based in Epalinges, Switzerland. Focus is placed on the development of medical devices within the cardiac health sector. Pulsed field ablation and irreversible electroporation technologies are advanced for arrhythmia treatment. Operations center on innovation in electrophysiology tools, with regulatory and clinical oversight managed internally to support device progression toward clinical applications.
Who are the top competitors of Argá Medtech?
Argá Medtech's top competitors include Kardium, Adagio Medical and Field Medical.
What products or services does Argá Medtech offer?
Argá Medtech offers Pulsed Field Ablation System and Proprietary Catheter.
Who are Argá Medtech's investors?
Argá Medtech has 3 investors. Key investors include Advent Life Sciences, Earlybird, and Gilde Healthcare.