Scientia Vascular Acquisition, Valuation, Funding & Investors

Scientia Vascular was acquired by Medtronic for $550M in March 2026.

Scientia Vascular acquisition price

$550M

Acquired by Medtronic · Mar 2026

Cumulative funding Scientia Vascular raised

$64M

across 2 funding rounds

Key investors in Scientia Vascular

  • Vivo Capital
  • Piper Jaffray Merchant Banking

Scientia Vascular Overview

About Scientia Vascular

Scientia Vascular is a medical device company designing neurovascular access tools for interventional procedures. Products include guide catheters, microcatheters, and wires engineered for tortuous anatomy in stroke treatment and aneurysm coiling. Utah-based since 2013, the firm prioritizes precision shapes and trackability to improve outcomes in minimally invasive endovascular therapies. Devices reach specialists in North America and Europe through distribution networks.


Founded

2007

HQ

United StatesSalt Lake City, UT

Status

Acquired

Customer focus

B2B

Revenue model

Product sales

Valuation

$550M (acquired Mar 2026)

Scientia Vascular Acquisition

Scientia Vascular was acquired by Medtronic for $550M on 9 March 2026.

Before the acquisition Scientia Vascular had raised $64M across 2 funding rounds.

Scientia Vascular acquisition details
AcquirerDateTypePrice
9 Mar 2026Strategic M&A$550M

Scientia Vascular Funding History

Scientia Vascular has raised a total of $64M across 2 funding rounds.

Scientia Vascular's first fundraising round was a $50M undisclosed-stage round in May 2021. The most recent completed round was a $14M Series A in September 2024.

Scientia Vascular funding rounds

Scientia Vascular funding rounds
DateStageInvestorsRaisedDeal Summary
Sep 2024Series APiper Jaffray Merchant Banking (lead)$14MScientia Vascular is a neurovascular innovation company based in West Valley City, Utah, specializing in advanced microfabrication technology for guidewires, microcatheters, and aspiration catheters to treat cerebral vascular diseases. The company offers the most comprehensive portfolio of neurovascular guidewires on the market and recently launched Plato 17 and Socrates 38 neurovascular catheters. In September 2024, Scientia Vascular closed a $14 million growth financing round led by Piper Sandler Merchant Banking to support commercialization of next-generation neurovascular tools and accelerate growth. Piper Sandler managing director Tom Schnettler highlighted Scientia's strong team, innovative technology, large market opportunity, and strong financial performance as key investment attributes. Subsequent to the funding, Medtronic agreed to acquire Scientia Vascular for $550 million, subject to adjustments and potential earn-outs, expected to close in the first half of FY27.
May 2021Undisclosed stageVivo Capital (lead)$50MScientia Vascular is a Utah-based commercial-stage medical device company specializing in interventional devices for neurovascular stroke treatment, peripheral vascular, and interventional oncology markets. The company leverages proprietary microfabrication technology to develop differentiated products such as Aristotle guidewires, which are commercially available, and the Plato 17 microcatheter, which received FDA approval around the time of the financing. Founded by neurovascular pioneer John Lippert, Scientia had been operating successfully since its 2018 commercial launch with limited resources prior to this investment. On May 27-28, 2021, Scientia Vascular raised $50 million in growth equity financing from Vivo Capital, a Palo Alto-based global healthcare investment firm serving as the sole and lead investor. The funds are earmarked to accelerate sales and marketing efforts, as well as new product development, in its core neurovascular stroke segment and expansion into adjacent peripheral vascular and oncology markets. Vivo Capital highlighted Scientia's technological differentiation and founder-led team as key investment rationales, focusing on the high-potential neurovascular stroke treatment sector. The partnership aims to support global expansion and product launches at leading stroke centers.

Who has invested in Scientia Vascular?

2 investors have backed Scientia Vascular across its funding rounds, including Vivo Capital and Piper Jaffray Merchant Banking.

Lead investors include Piper Jaffray Merchant Banking and Vivo Capital.


Scientia Vascular Investors

Investors in Scientia Vascular by funding rounds participated
InvestorHQRoundsRoleFirst check

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Scientia Vascular Competitors

Scientia Vascular competitors include listed companies like Ocumension and Delcath Systems, and private ones like Strand Therapeutics, Precision Neuroscience, MicroPort Orthopedics and Shoreline Biosciences.

Public and private companies comparable to Scientia Vascular
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Strand TherapeuticsUnited StatesUnited StatesPrivate--$550M-
OcumensionChinaChinaPublicly listed$120M($3M)$548M-
Precision NeuroscienceUnited StatesNew York City, NYPrivate--$543M-
Delcath SystemsUnited StatesUnited StatesPublicly listed$85M$939K$564M4.7x
MicroPort OrthopedicsUnited StatesWashington, DCPrivate--$566M-
Shoreline BiosciencesUnited StatesUnited StatesPrivate--$528M-

Scientia Vascular Public Comps

Scientia Vascular is no longer listed, but its public comps include Ocumension, BrainsWay, SD Biosensor, Delcath Systems, Cerus, OrthoPediatrics, Tactile Medical, IBA Group, Curiox Biosystems and Kamada.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Ocumension$120M($3M)4.1x-(178.3x)-
BrainsWay$52M$7M9.3x7.6x71.7x41.7x
SD Biosensor$517M($509M)0.8x-(0.8x)-
Delcath Systems$85M$939K5.5x4.7x501.0x28.4x
Cerus$206M($5M)2.7x2.2x(112.8x)42.1x
OrthoPediatrics$236M($12M)2.6x2.4x(51.6x)28.2x
Tactile Medical$330M$36M1.3x1.2x12.3x9.1x
IBA Group$714M$40M0.8x0.8x14.8x10.5x

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Common questions about Scientia Vascular

When was Scientia Vascular founded?Scientia Vascular was founded in 2007.
Where is Scientia Vascular headquartered?Scientia Vascular is headquartered in Salt Lake City, UT, United States.
Is Scientia Vascular publicly listed?No, Scientia Vascular was acquired by Medtronic in March 2026.
Who acquired Scientia Vascular?Scientia Vascular was acquired by Medtronic in March 2026.
How much was Scientia Vascular acquired for?Scientia Vascular was acquired for $550M in March 2026.
How much funding has Scientia Vascular raised?Scientia Vascular has raised $64M across 2 funding rounds.
What was Scientia Vascular's last funding round?Scientia Vascular's last funding round was a $14M Series A in September 2024, led by Piper Jaffray Merchant Banking.
Who are Scientia Vascular's investors?Scientia Vascular's investors include Vivo Capital and Piper Jaffray Merchant Banking.
Which companies are comparable to Scientia Vascular?Companies comparable to Scientia Vascular include Strand Therapeutics, Ocumension, Precision Neuroscience, Delcath Systems, MicroPort Orthopedics and Shoreline Biosciences.

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