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Neuravi is a technology company.
Neuravi develops specialized medical devices for neuro-interventional treatment of acute ischemic stroke. Its core product, the EmboTrap II Revascularization Device, is an advanced stent retriever engineered to remove blood clots from the neurovasculature. The device features a proprietary dual-layer design, optimizing clot engagement and retrieval to restore critical blood flow.
The company was founded in 2011 by Eamon Brady, David Vale, and John O'Shaughnessy. This team leveraged experience from MedNova, another medical device firm, to establish Neuravi. Their collective insight focused on refining mechanical thrombectomy techniques, driving development of more effective interventions for stroke care.
Neurovascular specialists performing mechanical thrombectomies are the primary users. Neuravi's vision centers on substantially improving clinical outcomes for stroke patients globally through advanced neurovascular technologies. This aims to enhance recovery rates and reduce disability via effective and safer clot removal procedures.
Neuravi has raised $50.5M across 3 funding rounds.
Neuravi has raised $50.5M in total across 3 funding rounds.
Neuravi is a medical technology company specializing in the development and global marketing of innovative devices for neurointerventional therapy, specifically targeting acute ischemic stroke treatment. Its flagship product, the EmboTrap revascularization device, is designed to capture and remove blood clots from cerebral vessels, restoring blood flow rapidly while minimizing embolization risks. Neuravi serves clinicians and hospitals treating stroke patients, addressing the critical problem of vessel occlusion that causes ischemic strokes, which represent about 87% of all strokes. The company has demonstrated strong growth momentum, marked by significant venture capital funding rounds and culminating in its acquisition by Johnson & Johnson’s Codman Neuro in 2017, which has expanded its global reach and resources[1][2][3][5][6].
Founded in 2009 in Galway, Ireland, Neuravi was established by CTO David Vale and CEO Eamon Brady. The idea emerged from extensive research into the mechanics of blood clots and occlusions causing strokes, aiming to improve patient outcomes through better device design. Early traction came from successful clinical trials in 2015 and substantial funding (€19 million raised that year), which helped validate the EmboTrap device’s efficacy and attracted partnerships across Europe. The company’s evolution culminated in its acquisition by Johnson & Johnson in 2017, integrating Neuravi into a larger medical device ecosystem to accelerate innovation in stroke therapy[1][2][3].
Neuravi operates at the intersection of medtech innovation and neurovascular therapy, riding the global trend of minimally invasive treatments for acute ischemic stroke—a leading cause of death and disability worldwide. The timing is critical as stroke incidence is projected to rise with aging populations, increasing demand for effective, rapid interventions. Market forces such as rising healthcare costs and the need for improved patient outcomes favor Neuravi’s technology. By advancing neurointerventional devices, Neuravi influences the broader ecosystem by setting new standards for stroke treatment and fostering collaboration between research, clinical practice, and device innovation[1][2][4].
Looking ahead, Neuravi’s integration within Johnson & Johnson positions it to leverage global scale for further innovation and market penetration. Trends shaping its journey include advances in neurovascular imaging, personalized medicine, and continued emphasis on minimally invasive therapies. As stroke treatment evolves, Neuravi’s expertise in clot mechanics and device design could expand into adjacent neurovascular conditions or new device platforms. Its influence is likely to grow as healthcare systems worldwide prioritize rapid, effective stroke interventions, making Neuravi a key player in reducing stroke-related morbidity and mortality[1][2][6].
Neuravi has raised $50.5M in total across 3 funding rounds.
Neuravi's investors include IPF Partners, René Kuijten, Earlybird Venture Capital, EQT Life Sciences, Delta Partners, Fountain Healthcare Partners, Western Development Commission, U.S. Army Medical Research and Development Command.
Neuravi has raised $50.5M across 3 funding rounds. Most recently, it raised $16.7M Debt in November 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 2, 2016 | $16.7M Debt | IPF Partners | |
| Jun 1, 2015 | $22.0M Series B | René Kuijten | Earlybird Venture Capital, EQT Life Sciences, Delta Partners, Fountain Healthcare Partners, Western Development Commission |
| Jul 11, 2012 | $11.9M Grant / Other Equity / Series A | Delta Partners, Fountain Healthcare Partners | U.S. Army Medical Research and Development Command |