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Magnendo

3 viewers · 30d

Total raised

$18.0M

+$18.0M this year

1 filing since 2026 · latest Equity filed

Cumulative raised
LAST ROUND
Equity · $18.0M
ROUNDS
1
INVESTORS
10
FOUNDED
2024
HQ
Newton, MA
SECTOR
Healthcare
EMPLOYEES
N/A
30D VIEWERS
3

AI overview

Updated

Magnendo is an MIT spinout developing a robotic navigation system for neurovascular procedures such as stroke thrombectomy and brain aneurysm treatment. Its platform pairs magnetically steerable soft-robotic guidewires with robotic control, medical imaging and navigation software so physicians can reach clots in tortuous brain vasculature faster and more consistently. The technology derives from years of ferromagnetic soft robotics research at MIT, and the team includes engineers and physicians from MIT, Harvard Medical School and Massachusetts General Hospital. The company is preclinical and raised an $18M Series A led by Penumbra, Inc. to productize the platform and prepare first-in-human studies.

What sets it apart

Magnetic steering of a soft-robotic guidewire rather than mechanical push-and-torque, which lets the tip navigate complex cerebral vasculature that conventional guidewires cannot reach while reducing the risk of vessel perforation or dissection.

Funding history

1 round
EquityJul 17, 2026
Form D
+$18.0M$18.0M total

Latest SEC filings

via EDGAR · CIK 0002026763
Form D · Jul 17, 2026NewView on EDGAR

Products

1 tracked

Magnendo neurovascular robotic system

Interventional medical robotics

A telerobotic platform combining a magnetically steerable soft-robotic guidewire with robotic actuation, medical imaging and intelligent navigation software for endovascular access to the brain.

  • Magnetically steerable soft-robotic guidewire
  • Robotic, physician-directed telerobotic control
  • Navigation software integrated with medical imaging
  • Access to tortuous cerebral vasculature previously considered untreatable