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Middle Peak Medical

Palo Alto, CA 94304
USA
Website Company Summary Management Team
Team

Outside board: Robert Schier (Bridging Minds Sàrl Managing Director) Regina Hodits (Wellington Partners Venture Capital General Partner)
Company

Business description: Middle Peak Medical is a privately held medical device company, focused on developing a break-through device to meet unmet needs in the treatment of mitral valve disease. The Company's technology has application in both minimally invasive cardiac surgery, and catheter-based percutaneous intervention. Mitral regurgitation (MR) is the most common form of heart valve disease in the U.S. and Europe, with moderate to severe disease affecting 1-2% of the population. Normally, the mitral valve closes when the main pumping chamber of the heart, the left ventricle, contracts, preventing oxygen-carrying blood from flowing backward into the left atrium. MR occurs when the valve fails to seal completely. Patients with MR can experience difficulty breathing, weakness, heart failure, and even death.
Capital

Rounds: 1
Recent fundings: Oct 2013   Jun 2013
Capital raised: 11.5M
Last Round: 3.5M
Ownership: Private  
VCs include: Edwards LifesciencesWellington Partners;  BioMedinvest;  High-Tech Gründerfonds Management;  Seventure Partners

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Overview
Record updated: Oct 2013
Sector: Medical
Rounds: 1
Recent fundings: Oct 2013   Jun 2013
Capital raised: 11.5M
Last Round: 3.5M
Ownership: Private