CTech – Israel-based CathWorks Ltd. announced Monday it has closed a $30 million series C round led by Deerfield Management Company LP. CathWorks raised around $46 million to date.
Founded in 2013, CathWorks is developing a non-invasive cardio 3D visualization system that enables physicians and clinicians to visualize oxygen delivery to the heart in real-time using X-ray imaging. The device has received regulatory approval in both the US and Europe.