Magnus Medical is a privately held medical device company developing breakthrough technology for rapid, individualized, non-invasive treatment of major depression. It is our mission to restore and sustain mental health. Depression is caused by identifiable changes in brain networks. With individualized, accelerated treatment, we aim to offer people with treatment-resistant depression the ability to manage their symptoms acutely and stay well throughout their lives.
The U.S. Food & Drug (FDA) has awarded Breakthrough Device Designation to our investigational neuromodulation technology to rapidly treat major depressive disorder (MDD) in adults who have not responded to existing treatments.
Employees: 11-50
Total raised: $25M
Investors 2
| Date | Name | Website |
| 15.12.2020 | JAZZ Ventu... | jazzvp.com |
| - | Red Tree V... | redtreevc.... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 29.10.2021 | Series A | $25M | - |
Mentions in press and media 9
| Date | Title | Description |
| 01.05.2024 | Magnus Medical Announces Commercial Launch of Groundbreaking SAINT Neuromodulation System | - |
| 01.05.2024 | MagVenture Announces Collaboration with Magnus Medical to Bring the SAINT® Neuromodulation System to Market | - |
| 15.02.2023 | 'It became me': Studies show that revolutionary new brain chips may bend your mind in strange and troubling ways | Studies show that Elon Musk's new tech can bend your mind in strange and troubling ways Advertisement Elon Musk wants to put a computer chip in your brain. Well, maybe not in your brain, but in the brain of some human somewhere. Musk's neur... |
| 15.02.2023 | How brain chips can change you | Redeem now Elon Musk wants to put a computer chip in your brain. Well, maybe not in your brain, but in the brain of some human somewhere. Musk's neurotech startup, Neuralink, has been working toward implanting its skull-embedded brain chip ... |
| 02.11.2021 | Magnus Medical Raises $25M in Series A Financing | (Graphic: Magnus Medical) Magnus Medical, Inc., a Burlingame, Calif.-based medical device company, raised $25m in Series A funding. The round was co-led by Jazz Venture Partners and Red Tree Venture Capital. Led by Brett Wingeier, Ph.D., co... |
| 01.11.2021 | Magnus Medical lands $25M Series A | Magnus Medical has raised $25 million in a round co-led by JAZZ Venture Partners and Red Tree Venture Capital. The California-based company is developing non-invasive neurostimulation technology designed to help people with treatment-resist... |
| 29.10.2021 | Magnus Medical Raises $25M in Series A Financing | Magnus Medical, Inc., a Burlingame, Calif.-based medical device company, raised $25m in Series A financing. The round was co-led by Jazz Venture Partners and Red Tree Venture Capital. Led by Brett Wingeier, Ph.D., co-founder and CEO, and Br... |
| 29.10.2021 | The lines between VCs and other investors are getting blurry | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Happy Friday, Term Sheet readers. Finance reporter Anne Sraders here, filling in for Lucinda (she... |
| 29.10.2021 | Magnus Medical Launches With Breakthrough Device Designation for Rapid, Individualized Treatment of Major Depression and $25M in Series A Financing | Magnus Medical, Inc., a medical device company, today announced that the U.S. Food & Drug Administration (FDA) has granted the company Breakthrough Device Designation for its individualized, rapid-acting, non-invasive neurostimulation t... |