EP Map System, GmbH, a Herdecke, Germany-based company that has developed a suite of technologies focused on electrophysiology (EP) procedures, closed a $25m Series A financing.
The round was led by Ajax Health. Along with the investment, several Ajax Health executives will join the EP Map management team, including Doug Koo as CFO and Managing Director.
The company will use the funding to make improvements to its technology and prepare for commercialization in the United States.
Led by Manfred Piechura, founder and CEO, EP Map System has developed a suite of technologies focused on electrophysiology (EP) procedures. Its product line includes a 3D mapping and navigation system with an integrated signal recording and pacing system, a radiofrequency ablation generator and an irrigation pump.
The EP Map system received a CE Mark in 2016 and is available commercially in Europe and other geographies around the world.