Medlumics

medlumics.com ↗ ·Madrid ·Series E

Medlumics is a Madrid-based (Tres Cantos) medical device company founded in 2009 that developed AblaView, a cardiac ablation catheter system guided in real time by optical coherence tomography (OCT) tissue sensing, for treating atrial fibrillation; it later moved to a pulsed-field ablation version and published first-in-human results in 2025. It raised roughly $70M across rounds up to a €14M Series E co-led by Asabys Partners, VI Partners and CDTI Innvierte. Medlumics SL is in liquidation.

Founded
2009
Founders
2
Total funds raised
€57.8M
Rounds
5
Investors
12
Last round
Jul 2024
SectorsMedical Devices, Healthtech, Cardiology, Photonics, Deeptech Start-up MapHealthtech & Bio › Medical devices & surgical hardware

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Founders

Eduardo Margallo Balbás
Co-founder and former CEO/COO
José Luis Rubio Guivernau
Co-founder and former CTO

Global models 5

Kardium
Develops a single-shot pulsed-field ablation catheter with integrated tissue sensing and mapping for atrial fibrillation, sold to hospital electrophysiology labs.
~$500MComparable
Acutus Medical
United States · www.acutus.com ↗
Venture-backed AF ablation company that combined catheter-based cardiac imaging and mapping with ablation catheters sold to EP labs before its IPO.
~$270MComparable
Galvanize Therapeutics
United States · www.galvanizetx.com ↗
Builds pulsed-field energy ablation systems, including catheters for cardiac arrhythmias, sold as capital equipment plus disposables to hospitals.
~$200MComparable
Adagio Medical
United States · www.adagiomedical.com ↗
Develops cryo- and pulsed-field ablation catheters for atrial fibrillation and ventricular tachycardia, following the same hospital device-plus-disposable model.
~$150MComparable
Farapulse
United States · www.farapulse.com ↗
Pioneered a pulsed-field ablation catheter system for atrial fibrillation and was acquired by Boston Scientific, the exit path Medlumics targeted.
~$130MComparable

In the same niche 72 others

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Notes: Most funded first

Investors 12

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Asabys Partners
asabys.com
3 rounds, led 1 · 2020–24 Spain
Centro para el Desarrollo Tecnológico y la Innovación
www.cdti.es
3 rounds, led 1 · 2020–24 Spain
Ysios Capital
ysioscapital.com
2 rounds, led 1 · 2011–17 Spain
Criteria Capital Risc
www.criteriaventuretech.com
3 rounds · 2011–20 Spain
Edmond de Rothschild Investment Partners
Led Series B 2017 Switzerland
VI Partners
Led Series E 2020 Switzerland
Criteria Bio Ventures
2 rounds · 2024 Spain
Innogest Capital
2 rounds · 2017–20 Italy
Andera Partners
Series E 2020 France
Kurma Partners
Series E 2020 France
Seroba Life Sciences
Series B 2017 Ireland
MedTech Innovator
Investor United States

Funding rounds 5

DateRoundAmountLead

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