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Acutus Medical Closes Series B Funding at $28 Million
Date:8/20/2013

ues causing irregular heart rhythms.  Along with their industry expertise and global network, GE Ventures shares our mutual goal of providing high-quality, more affordable and minimally invasive patient solutions."

Acutus Medical is a San Diego based privately held company established in 2011 and has since grown to a team of 25 dedicated employees.  

Noah Lewis, managing director, GE Ventures-Healthcare said, "Acutus Medical's innovative approach to the treatment of complex arrhythmias, based on both medical evidence and scientific data, could drive down costs and positively disrupt the market. GE Ventures is happy to partner with Acutus Medical to improve affordability in healthcare."

Vince Burgess, Acutus Medical's board member and Venture Partner at OrbiMed Advisors, commented "The R&D team at Acutus Medical is exceptional, and we are extremely optimistic about the prospects for this new device to improve patient care.  The addition of GE to the investor group is particularly encouraging – given their market and technical expertise in the electrophysiology space."

About Acutus Medical
Since June, 2011, Acutus Medical has pioneered a new and novel approach in the minimally invasive Dipole Density Mapping System, Generating CT/MRI Quality, Real-Time 3D Images of the Heart.

Acutus Medical has concentrated its efforts on developing its technology for the treatment of an aberrant arrhythmia, atrial fibrillation (AF).  AF is an uncontrollable, rapid heartbeat that results in a significant decline in the quality of life and may lead to serious complications such as stroke or heart failure.  Globally, in excess of 10 million people are afflicted with AF.  Pharmacological therapy is the most common current treatment option, but it is expensive, often inadequate, palliative in nature, and does not cure AF.<
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