Pulnovo Medical
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About
Pulnovo Medical is a clinical-stage medical device company developing the Pulmonary Artery Denervation (PADN) System, a first-in-class, minimally invasive radiofrequency ablation therapy targeting overactivated sympathetic nerve activity implicated in pulmonary hypertension and heart failure 12. The company has performed roughly 1,500 PADN procedures globally and has regulatory approvals in seven countries, with commercialization underway across the European Union, Middle East, and China 1. In the United States, Pulnovo holds FDA Breakthrough Device designation and has initiated two fully approved Investigational Device Exemption (IDE) trials 1. Alongside the April 2026 financing, Medtronic and Pulnovo signed a commercial agreement contemplating potential future commercialization opportunities 12.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-04-19 | Strategic | $100M | Medtronic | EQT, Qiming Venture Partners, Gaorong Ventures, OrbiMed, Lilly Asia Ventures, HSG 123 |
What Investors Say
No independently sourced investor quotes found.
What Founders Say
No independently sourced founder quotes found.
Sources
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“Pulnovo Medical Announces Strategic Investment from Medtronic in oversubscribed $100 Million Financing Round,” PR Newswire, April 19, 2026. http://www.prnewswire.com/news-releases/pulnovo-medical-announces-strategic-investment-from-medtronic-in-oversubscribed-100-million-financing-round-302746638.html↩↩↩↩↩
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“Pulnovo Medical Announces Strategic Investment from Medtronic in oversubscribed $100 Million Financing Round,” BioSpace, April 19, 2026. https://www.biospace.com/press-releases/pulnovo-medical-announces-strategic-investment-from-medtronic-in-oversubscribed-100-million-financing-round↩↩↩
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“Top Startup and Tech Funding News – April 20, 2026,” TechStartups, April 20, 2026. https://techstartups.com/2026/04/20/top-startup-and-tech-funding-news-april-20-2025/↩