Q’Apel: Medical Raises $22M in Funding

  • Q’Apel Medical, Inc., a Fremont, Calif.-based neurovascular company, raised $22M in Series C funding
  • The round included River Cities Capital, Soleus Capital, and incumbent investor Research Corporation Technologies (RCT)
  • Scott Huennekens, former Chairman, CEO and President of Verb Surgical, and Carter McNabb, Managing Director, River Cities Capital, will join the Board of Directors
  • Walrus BGC specifically designed to assist doctors in performing mechanical thrombectomy procedures on stroke patients
  • The Wahoo Control™ Catheter a dual-mode hybrid access system, providing two distinct operational modes – Tracking Mode and Support Mode
  •  In 2021, Q’Apel plans to significantly increase its manufacturing capacity, add additional head count and expand their product portfolio
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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