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Ornim Medical is a technology company.
Ornim Medical develops advanced medical devices for non-invasive patient monitoring. Its flagship CerOx system leverages UTLight™ technology, which integrates ultrasound and near-infrared spectroscopy, to provide real-time, continuous data on cerebral and tissue blood flow and oxygenation. This proprietary approach equips physicians with sophisticated tools to monitor critical physiological parameters, particularly concerning vital organ perfusion.
The company was co-founded in 2004 by Dr. Revital Shechter and Dr. Michal Balberg. Dr. Balberg holds roles as CEO/CTO/Co-Founder, while Dr. Shechter is CSO & Co-Founder. Their combined expertise in biomedical technology laid the groundwork for Ornim Medical's focus on addressing the significant clinical need for precise, non-invasive assessment of blood flow in critical care settings.
Physicians in various healthcare settings utilize Ornim Medical's monitoring solutions to guide clinical decisions. The company's vision extends to continually expanding its suite of non-invasive monitoring products. By building upon its core technology, Ornim Medical aims to further enhance patient safety and outcomes through innovative diagnostic capabilities, bringing more advanced tools to the market.
Ornim Medical has raised $50.0M across 3 funding rounds.
Ornim Medical has raised $50.0M in total across 3 funding rounds.
Ornim Medical has raised $50.0M in total across 3 funding rounds.
Ornim Medical's investors include LongTec HongTao China Ventures, GE Ventures, OrbiMed, Agate Medical Investments, GE, Nissim Darvish MD, DSc, Michel Habib, Thierry Leclercq.
Ornim Medical is a biomedical technology company founded in 2004 that develops and distributes non-invasive medical devices for monitoring cerebral and tissue blood flow and perfusion.[1][2][4] Its core products, c-FLOW™ and CerOx™, leverage patented UTLight™ technology—a unique combination of ultrasound and light analysis—to provide real-time, bedside monitoring solutions for critical care settings like ICUs, stroke treatment, and high-risk surgeries such as CABG, CEA, and spine procedures.[1][2] These devices serve physicians treating conditions including traumatic brain injury (TBI), subarachnoid hemorrhage (SAH), intracerebral hemorrhage (ICH), and acute stroke, solving the problem of accurately assessing vital tissue perfusion non-invasively to guide personalized treatment, reduce costs, and improve outcomes.[1][2] The company has raised $65M total, reaching Series C stage, with its last funding round of $20M occurring about 9 years ago, and remains operational.[1]
Ornim Medical was established in 2004, initially based in Israel, with a focus on advancing clinical research and development in cerebral blood flow monitoring.[1][4] While specific founders are not detailed in available records, the company emerged from innovations in non-invasive perfusion technologies, culminating in the patented UTLight™ platform protected by 15 worldwide patents.[1][2] A pivotal moment came around 2015 with groundbreaking clinical results validating c-FLOW™'s role in restoring brain blood flow in acute stroke patients, alongside product expansions like CerOx™ for simultaneous blood flow and oxygen saturation measurement.[1][2] By the mid-2010s, Ornim announced plans to relocate its U.S. operations to Massachusetts for proximity to key clinical sites like Beth Israel Deaconess Medical Center, enhancing growth through access to top scientific and clinical talent.[2]
Ornim stands out in the medical device space through these key strengths:
Ornim rides the wave of advancing non-invasive neuromonitoring and precision medicine in critical care, where real-time perfusion data is crucial amid rising incidences of stroke, TBI, and complex surgeries.[1][2] Timing aligns with growing demand for personalized ICU and OR tools, fueled by aging populations and post-pandemic emphasis on efficient, data-driven care that cuts complications and costs.[2] Market forces like regulatory support for innovative medtech and clinician adoption of hybrid ultrasound-optical tech favor Ornim, positioning it against competitors like ViOptix in tissue oximetry.[1] By enabling decisive interventions, Ornim influences the ecosystem toward more proactive neurology and surgical outcomes, bridging research gaps in cerebral health monitoring.[1][2]
Ornim's established tech and clinical traction position it for expansion into broader neuromonitoring applications, potentially through new trials, partnerships with Massachusetts hubs, or next-gen devices integrating AI for predictive perfusion analytics.[2] Trends like telemedicine integration and wearable medtech will shape its path, amplifying non-invasive tools in global stroke and TBI care. Its influence could grow via acquisitions or scaled distribution, evolving from niche innovator to standard in personalized critical care—reinforcing its role in revolutionizing bedside monitoring as first outlined.[1][2]
Ornim Medical has raised $50.0M across 3 funding rounds. Most recently, it raised $20.0M Series C in August 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2016 | $20.0M Series C | LongTec HongTao China Ventures | GE Ventures, OrbiMed |
| Feb 1, 2014 | $10.0M Series B | OrbiMed | GE Ventures, Agate Medical Investments, GE |
| Aug 1, 2012 | $20.0M Series B | Nissim Darvish MD, DSc | GE Ventures, Michel Habib, Thierry Leclercq |