Israeli Med Device Startup Raises $5 Million

ActiViews Ltd., an Israel-based developer of optical guidance systems for use in CT fluoroscopy and MRI procedures, has raised $5 million in new VC funding. 7 Health Ventures led the round, and was joined by return backers Ofer HiTech and Evergreen Venture Partners.

PRESS RELEASE

Medical device start-up ActiViews Ltd. raised $5M million in an investment round led by 7 Health Ventures. Previous investors: Ofer HiTech and Evergreen Venture Partners participated in the round as well.

ActiViews, founded in 2007, is developing optical guidance systems used in Computer Tomography (CT), fluoroscopy and Magnetic Resonance Imaging (MRI) procedures. ActiViews’ first product, ActiSight(TM), improves minimally invasive oncology diagnosis, with future applications in guiding therapeutic devices to malignant targets. The ActiSight(TM) is CE approved

The company was founded by Pinchas Gilboa, the founder of SuperDimension. ActiViews CEO, Yuval Zuk, is the former CEO of Odin Medical Technologies. The company is located in Tirat Hacarmel, Israel and has 10 employees.

The funds will be used to set up a sales network in Europe and for obtaining marketing approval in the USA.

About 7 health Ventures:

7 Health Ventures is a professional venture capital fund dedicated to investing in Israeli and Israeli-related companies, developing healthcare technologies and products.

http://www.7healthventures.com