Tuesday, November 12, 2019

Acutus Medical Gains $170M Funding for Its Intracardiac Mapping System

Human Heart Model Photo by Robina Weermeijer on Unsplash

A longtime California cardiologist with a background in San Diego and at Stanford University, Sanjiv M. Narayan, MD, PhD, is recognized for his innovations in the area of atrial fibrillation (AF) care, including a next generation FIRM-assisted ablation approach. Dr. Sanjiv M. Narayan’s work over 15 years generated FIRM, Focal Impulse and Rotor Modulation, and has led to work such as that carried out by Acutus Medical.

Based in Carlsbad, California, Acutus focuses on improving outcomes among patients who live with complex atrial arrhythmias. The core platform at work is an intracardiac mapping system that incorporates dynamic arrhythmia visualization techniques. The underlying electrophysiology technology platform is designed to allow for adaptive, personalized approaches to therapy.

The AcQMap stands as the sole cardiac mapping and imaging system that utilizes “precision ultrasound atrial anatomy reconstruction” in tandem with “high-definition non-contact charge density mapping” in ways that are highly reproducible.

In June 2019, Acutus Medical announced completion of a $170 million financing round that included a $70 million credit facility and $100 million in Series D equity investments. The aim of this new funding is to accelerate commercialization activities, while ensuring the development of a robust global business.