Tech Company Financing Transactions

Foldax Funding Round

Foldax, operating out of Salt Lake City, received $20 million from MemorialCare Innovation Fund, Angel Physicians Fund and BioStar Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series D
Proceeds Purpose
The use of funds will continue to add patients to the recently completed EFS clinical trial for the company's surgical aortic Tria biopolymer heart valve, initiate and enroll patients into the clinical trial for the surgical mitral valve, as well as continue development of the transcatheter aortic valve replacement (TAVR) device for the first-in-man clinical study.

Company Information

Company Status
Private & Independent
Medical Devices & Instruments
Mailing Address
825 N. 300 W. NE-500
Salt Lake City, UT 84103
Email Address
Not Recorded
Foldax, Inc. is taking the lead in the development of heart valves with the goal of improving hemodynamic performance similar to natural human valves.
Foldax LinkedIn Company Profile
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Company News
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Management Team

Email & Social
Ken Charhut
  Ken Charhut LinkedIn Profile  Ken Charhut Twitter Account  Ken Charhut News  Ken Charhut on Facebook
Chief Executive Officer
Frank Maguire
  Frank Maguire LinkedIn Profile  Frank Maguire Twitter Account  Frank Maguire News  Frank Maguire on Facebook
VP - Marketing
Michael Numamoto
  Michael Numamoto LinkedIn Profile  Michael Numamoto Twitter Account  Michael Numamoto News  Michael Numamoto on Facebook
VP - Operations
Paul Hammond
  Paul Hammond LinkedIn Profile  Paul Hammond Twitter Account  Paul Hammond News  Paul Hammond on Facebook
VP - R & D
Jason Beith
  Jason Beith LinkedIn Profile  Jason Beith Twitter Account  Jason Beith News  Jason Beith on Facebook
VP - Regulatory Affairs
Michele Lucey
  Michele Lucey LinkedIn Profile  Michele Lucey Twitter Account  Michele Lucey News  Michele Lucey on Facebook



Browse more venture capital transactions:

Prev: 6/23/2020: Cedar venture capital transaction
Next: 6/24/2020: Quidnet Energy venture capital transaction


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