Magnendo Corp.

Raised $18M in a Series A round, announced 24 July 2026.

Round

Magnendo closed $18 million Series A led by Penumbra to advance its magnetic robotic navigation platform toward first-in-human clinical studies for endovascular stroke treatment.

Amount
$18M
Stage
Series A
Announced
24 July 2026
Lead
Penumbra, Inc.
Use of funds
Productize its robotic platform and magnetic guidewires and prepare for first-in-human clinical studies.
Checked
Matched to an official SEC filing

Company

Developing magnetic robotic navigation technology for neuro-endovascular stroke intervention procedures

Based in
Newton, United States
Founded
2024
Sector
Health
Website
magnendo.com ↗

Founder

  • Yoonho KimFounder and CEO

Sources and links

Source
Magnendo Secures $18M Series A Financing to Transform Endovascular Access for Stroke Intervention globenewswire.com
Website
magnendo.com ↗
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