CardiacSense Ltd. announced that it will receive maximum $5,000,000 with a minimum of $1,000,000 in a round of funding on June 29, 2025. The transaction included participation from returning investor Merchavia Holdings and Investments Ltd for $250,000 and number of additional investors. Merchavia Holdings and Investments Ltd hold approximately 4.17% stake and after investing the investment amount, the Merchavia Holdings and Investments Ltd will hold approximately 4.34% stake.
The company issued Share B Preferred Shares in the transaction. The company and investor signed investment agreement in the transaction. The company raised post-money valuation of $20,000,000.
