Anaconda Biomed closed a $56M equity round on September 23. Omega Funds led. The Co-investment Fund FOCO, managed by COFIDES, joined alongside Asabys through Sabadell Asabys II, Ysios Capital and CDTI through its SICC Innvierte vehicle.

Most of the money goes to ATHENA, a prospective randomized IDE study enrolling 327 subjects. The trial tests the ANA Funnel Catheter, used with a stent retriever during thrombectomy for large vessel occlusion acute ischemic stroke. The catheter is investigational in the US. The ANA5 funnel catheter carries a CE mark.

The company operates from Marin, California with its engineering base in Barcelona, and is also working on the ANA6, ANA8 and a stent retriever called Conda. Raising to finish a randomized IDE trial rather than to launch a cleared product is a choice about the label, and it costs years.