Monthly roundup · Medical Devices · October 2026

Medical Devices startup funding, October 2026: MMI's $125M Series D leads 22 rounds

By Millionrounds ResearchPublished 1 November 2026

We read 22 equity rounds in Medical Devices announced in October 2026, raising $531M between them: 3% of all the rounds we read that month and 1% of the money. The largest was MMI's $125M Series D, led by BioStar Capital. The median seed round was $3.2M, against $5.5M over the last twelve months across all sectors; at Series A it was $13M.

Equity rounds22in Medical Devices, 17 with an amount
Raised$531Macross those rounds
Lead named73%of rounds say who led
Share of the month3%of rounds; 1% of the money

The biggest rounds

  1. 1MMMISeries D · led by BioStar Capital$125M
  2. 2NeuroXessSeries B · China · led by Shenzhen Capital Group Co., SDIC Juli$105M
  3. 3PromaxoSeries C · United States$100M
  4. 4Coherence NeuroSeries A · United States · led by Founders Fund, OpenAI Startup Fund$45M
  5. 5ZZAP Surgical SystemsGrowth · United States · led by Catalio Capital Management$36M
  6. 6SSava TechnologiesSeries B · United Kingdom · led by Ascensia Diabetes Care$36M
  7. 7SStimCardioSeries A · United States · led by Metis Medtech$30M
  8. 8CentSeries A · India · led by Blume Ventures$15M
  9. 9BBlue Arbor TechnologiesSeries A · United States · led by Ottobock$11M
  10. 10BiotiaSeries A · United States$9.0M

Day by day

Equity rounds in Medical Devices announced each day of October. The busiest day was 29 October, with 4.

1 October31 October

By stage, against the year

Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors.

Pre-seed6$1.4Mthis month$2.0M12 months, all sectors
Seed3$3.2Mthis month$5.5M12 months, all sectors
Series A7$13Mthis month$20M12 months, all sectors
Series B2$71Mthis month$50M12 months, all sectors
Series C2$100Mthis month$100M12 months, all sectors
Series D1$125Mthis month$150M12 months, all sectors
Growth1$36Mthis month$113M12 months, all sectors

Where

United States had the most Medical Devices rounds this month.

Against the month

  • Rounds, Medical Devices22
  • Rounds, all sectors733
  • Raised, Medical Devices$531M
  • Raised, all sectors$59B

The whole of October 2026

Other sectors in October

411 roundsAI→100 roundsFintech→72 roundsHealthcare→67 roundsSoftware→67 roundsRobotics→56 roundsManufacturing→44 roundsSaaS→44 roundsConstruction→42 roundsHardware & Electronics→41 roundsBiotech→34 roundsBig Data & Analytics→33 roundsEnergy→33 roundsLogistics→32 roundsEnterprise Software→29 roundsAerospace & Space→29 roundsHealthtech→28 roundsCybersecurity→26 roundsDefence Tech→25 roundsCloud→24 roundsEntertainment→23 roundsB2C→23 roundsFinancial Services→20 roundsCleantech→19 roundsE-commerce→19 roundsFood & Beverage→18 roundsReal Estate→18 roundsDeeptech→18 roundsSemiconductors→17 roundsAgtech→16 roundsDeveloper Tools→15 roundsWeb3 & Crypto→15 roundsRetail→15 roundsMartech→14 roundsSupply Chain→14 roundsInsurtech→14 roundsTelecoms→14 roundsClimate Tech→13 roundsRegtech→13 roundsAutomotive & EVs→13 roundsChemicals & Materials→12 roundsFuture of Work→12 roundsB2B→12 roundsMedia→12 roundsGaming→11 roundsProfessional Services→11 roundsMarketplaces→11 roundsHR Tech→11 roundsEducation→11 roundsSalestech→10 roundsProptech→10 roundsPharma→10 roundsFashion→10 roundsTravel & Hospitality→