Acutus Medical, a San Diego-based newly founded medical technology company, has raised $1m in start up funding.
Investors include Index Ventures and other private backers.
The company intends to use the funds to develop prototypes of its novel device.
Founded in 2011 and led by CEO Randy Werneth, Acutus Medical is developing an electrophysiological mapping technology, which is designed to diagnose in a minimally invasive way cardiac arrhythmias such as atrial fibrillation and ventricular tachycardia. It is expected to achieve CE marking within the next 18 months.
Kevin Johnson, London based partner at Index Ventures, joins Acutus Medical’s board.
FinSMEs
08/08/2011