EPmap-System appoints Doug Koo as CFO and MD along with closing a $25m Series A financing led by Ajax Health

– GERMANY, Herdecke – EPMap-System GmbH & Co., a Herdecke, Germany-based company that has developed a suite of technologies focused on electrophysiology procedures, today announced the closing of a $25 million Series A financing round led by Ajax Health.

EPMap’s product line includes a 3D mapping and navigation system with an integrated signal recording and pacing system, a radiofrequency ablation generator and an irrigation pump. The company will use the funding to make improvements to its technology and prepare for commercialization in the United States.

“We started EPMap in 2014 with the goal of creating a modern, easy to use EP system that can be used by hospitals around the world to provide state of the art care to their patients,” says Manfred Piechura, founder and CEO of EPMap. “I’m thrilled to partner with Ajax on this next step in the company’s life and to bring the Ajax team’s expertise into EPMap.”

Along with the investment, several Ajax Health executives will join the EPMap management team, including Doug Koo as CFO and Managing Director.

“We have been impressed by the EPMap system and are excited to be working with Manfred and his team in Herdecke to bring the technology to the next level,” said Doug Koo.

About EPMap-System GmbH

EPMap is a Herdecke, Germany-based company that has developed a suite of technologies to be used in electrophysiology procedures, including a 3D mapping and navigation system with an integrated electrical signal recording system, a radiofrequency ablation generator and an irrigation pump. The EP Map system received a CE Mark in 2016 and is available commercially in Europe and other geographies around the world.

For more information: http://epmap-system.com

About Ajax Health

Ajax Health seeks to identify, invest in and scale disruptive technologies in the medical device space. Taking an active operating role, the Ajax team has a proven track record of helping companies of all sizes, stages and structures achieve their value-creation goals. Ajax is headquartered in Menlo Park, CA.

- DisclaimerNews, data and statement included in this release are intended exclusively for general information purposes. Talent4Boards accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the adequacy or accuracy of the information. No data or statement in this release should be considered for decisions about securities referred. Product and brand names used in this release maybe trademarks or registered trademarks of their respective owners.

Comments are closed.