Atia Medical Raises $3M

What does Atia Medical do?

Atia Medical is a private medical device company based in Silicon Valley. For now it is in stealth mode, which was formed by Shifamed LLC, a Silicon Valley based medical device incubator which focuses on developing new medical products from concept to commercial release. Its portfolio companies are Kalila Medical, Apama Medical and a other stealth mode companies.

How much Atia Medical was funded?

This California based, provate medical device company has announced that it has raised $3M in Series B funding on May 12^th, 2015 from Medvance Incubator Partners and Delos Capital.  This funding is the first tranche of the $5M Series B funding. Medvance Incubator Partners, the investor in this round of funding for Atia Medical is an an early stage meditech venture fund formed by Delos Capital and Shifamed.

What is next for Atia Medical?

The company is going to use the funds raised in Series B  for its product development. The CEO of Atia Medical, Mariam Maghribi, said that the company is grateful for the support the Medvance Incubators Partners has shown so that the company stays on focus on the product development.
More about Atia Medical

Atia Medical was formed by Shifamed LLC. It has its headquarters in Campbell, California. This stealth mode portfolio company of medical technology incubator, Shifamed, LLC is focused on developing new medical products which range from concept release to commercial release.

Atia Medical is tight lipped about its technology. In august 2014, Shifamed won a U.S.patent for a hydrophilic accommodating intraocular lens to the patent. Shifamed has applied for the developing intraocular lens which is a trademark of Atia. Shifamed’s R&D team has Claudio Argento, an inventor on the patent. He eas previously a senior director of research and development at PowerVision Lens, where he lead the accommodating intraocular lens development.