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Pulnovo Medical raises $100M in oversubscribed round led by Medtronic to advance pulmonary hypertension therapy.

Company Fundamentals
19 Apr 2026
PRNewsWire
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Bullish
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Pulnovo Medical secured $100 million in a strategic financing round led by Medtronic and supported by existing and new global investors. The funding will accelerate clinical development, regulatory approvals, and commercialization of Pulnovo's Pulmonary Artery Denervation (PADN) System, a minimally invasive therapy for pulmonary hypertension and heart failure. Pulnovo has performed about 1,500 PADN procedures globally and holds regulatory approvals in seven countries, with ongoing trials in the U.S. and other regions. This financing marks a shift toward a global growth platform, supported by new leadership and a commercial agreement with Medtronic to leverage global market reach.

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