Magnendo

Boston, United States Founded: 2024 • Age: 2 yrs
Magnetically steerable guidewires for neurovascular disease treatments are developed.
Annual revenue - Latest available
Total funding $2.3M 1 rounds
Employees - Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Magnendo

Magnendo is a company based in Boston (United States) founded in 2024 by Miki Rosenberg and Yoonho Kim. Magnendo has raised $2.25 million across 1 funding round. Magnendo offers products and services including Robotic Guidewire and Neurovascular Robotic System. Magnendo operates in a competitive market with competitors including Route 92 Medical, Autonomix, Balt, Capri-Medical and Neuro Front, among others.

  • Headquarter Boston, United States
  • Founders Miki Rosenberg, Yoonho Kim
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Legal Name Magnendo Corp
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.25 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.25 M (USD), Seed

    Jun 05, 2024

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of Magnendo

Magnendo offers a comprehensive portfolio of products and services, including Robotic Guidewire and Neurovascular Robotic System.

Product name locked
Category locked
Primary

Enables magnetic steering for safer brain vasculature navigation in procedures.

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Facilitates telerobotic interventions to treat strokes and aneurysms effectively.

Funding Insights of Magnendo

Magnendo has successfully raised a total of $2.25M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.25 million completed in June 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.

Investments & Acquisitions by Magnendo

Investments
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Investment portfolio details for Magnendo

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Financial Statements - Magnendo

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Detailed financials for Magnendo

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Magnendo Comparisons

Magnendo Primary company
Description
Magnetically steerable guidewires for neurovascular disease ...
Location
Boston, United States
Founded Year
2024
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Magnendo

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Competitors of Magnendo

Magnendo 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 Route 92 Medical, Autonomix, Balt, Capri-Medical and Neuro Front, among others.

Company Name Domain Founded year HQ Location Description
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Next-generation products for neurointerventional procedures are developed.
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Minimally invasive neural monitoring and treatment devices are developed.
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Interventional neuroradiology devices for vascular malformations are developed.
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Injectable neurostimulation devices are developed for neurological treatments.
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Transformation medicines and neuromodulation devices for neurological disorders are developed.
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Minimally invasive neurosurgical equipment and neuromodulation technologies are developed.
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Detailed competitors of Magnendo

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Latest news on Magnendo

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Complete news archive for Magnendo

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Frequently Asked Questions about Magnendo

Magnendo was founded in 2024.

Magnendo is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Yoonho Kim is the current CEO of Magnendo. They have also founded this company.

Magnendo is a funded company, having raised a total of $2.25M across 1 funding round to date.

Magnendo was founded in 2024 in Boston, United States, within the medtech sector focused on neurovascular applications. Devices such as magnetically steerable soft-robotic guidewires are developed for minimally invasive procedures addressing stroke and brain aneurysms. Operations center on improving procedural efficiency and reducing complications in the brains vasculature, with services targeted at healthcare providers to enhance patient outcomes.

Magnendo's top competitors include Route 92 Medical, Autonomix and Neuro Front.

Magnendo offers Robotic Guidewire and Neurovascular Robotic System.

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