Sector portfolio · Growth fund · United States

Medtronic's Biotech portfolio

Medtronic has backed 10 Biotech startups in rounds we track, $1.4B between them, shown by the stage each has reached. The best-funded is Setpoint Medical.

10startups backed
3stages
$1.4Braised between them
Series C and laterbiggest stage

Medtronic's profile

Segment by segment

Series C and later

5 startups · $644M raised

  1. SetPoint MedicalSetPoint Medical is a commercial-stage medical technology company founded in 2007, focused on developing bioelectronic therapies fUnited States$256M
  2. CereVascCereVasc is a clinical-stage medical device company based in Boston, Massachusetts, focused on developing innovative, minimally inUnited States$155M
  3. AMAEGEA MedicalAEGEA Medical manufactures surgical and medical instruments.United States$112M
  4. PPowerVisionPowerVision is a device company developing implantable intraocular lenses.United States$108M
  5. PPercardiaPercardia is a medical device company that develops therapies for the treatment of coronary artery disease.United States$13M

Series B

3 startups · $334M raised

  1. FIRE1FIRE1, officially known as The Foundry Innovation and Research 1, Ltd., is a connected medical device company based in Dublin, Ireland.Ireland$170M
  2. Semma TherapeuticsSemma Therapeutics was founded to develop transformative therapies for Type 1 diabetes patients.United States$158M
  3. NTNanoCor TherapeuticsNanoCor Therapeutics develops viable intracellular genetic protein therapy for the treatment of chronic heart failure.United States$6.3M

Stage not reported

2 startups · $418M raised

  1. EarLensEarlens is a medical technology company transforming the hearing experience with the only direct sound delivery system.United States$248M
  2. AcuFocusAcufocus is a medical device company that develops and markets KAMRA inlay for the treatment of near vision loss.United States$170M

How this map is made. Every startup here works in Biotech and has raised money in a round we track that names Medtronic as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

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