Adona Medical, a Campbell, CA-based company focused on advanced interventional approaches for heart failure, raised $2.5m in seed funding.
The round was raised exclusively from select Shifamed accredited angel investors.
The company intends to use the funds to advance product development and expand its intellectual property portfolio.
Led by newly appointed CEO Brian Fahey, and Amr Salahieh, Chairman, Adona Medical is a privately held portfolio company of specialized medical innovation hub Shifamed LLC, innovating interventional approaches for heart failure.
Brian Fahey joins Adona Medical with over 15 years of medtech leadership and product development experience. He previously served as the CEO of Niveus Medical, a medical technology company offering novel rehabilitation solutions to accelerate patient recovery following prolonged ICU stay. Throughout his career, Fahey has served in various business development and strategic innovation roles.