S4 Medical Closes Series A Financing
Apr 2, 2021
CLEVELAND, April 2, 2021 /PRNewswire/ -- S4 Medical moves a step closer in developing the most comprehensive solution to protect the esophagus from thermal injury during catheter ablation procedures for atrial fibrillation (AF) with the closing of their Series A financing. Three new shareholders – Jobs Ohio, Angel Physician Fund, and an unnamed strategic investor -- have come on board, along with existing investors, to help accelerate efforts towards commercialization.
The Series A funding will be used primarily to conduct the company's Investigational Device Exemption study, which is estimated to begin in July 2021. The company has already achieved several important milestones including first-in-human testing, securing intellectual property, and demonstration of compatibility with electrophysiology systems.
S4 Medical was cofounded by Dr. Emile Daoud of The Ohio State University, and William Fuller. The company's primary product is the esolution catheter – a patented device intended to safely deviate and protect the esophagus during catheter ablation for AF.
Cofounder, Chief Medical Officer, coinventor of the device, and Electrophysiology Section Chief at The Ohio State University, Emile Daoud, MD, says: "We are thrilled at the closing of this investment and excited to begin our pivotal trials. If successful, the esolution device will be well received by electrophysiologists as an added benefit for managing patients undergoing AF ablation."
Since its founding in late 2017, S4 has moved quickly and achieved significant milestones towards bringing the esolution device to market. "S4 offers a world-class solution to a big problem and a large market opportunity," says cofounder and CEO William Fuller. "Our existing and new investors see the promise of S4's solution and the possibility to provide additional safety to catheter ablation procedures."
"We immediately recognized the value of S4's technology and are pleased to not only participate in this financing but also to support S4 as it goes into its clinical studies," says Manish Bhandari, MD, managing partner of the Angel Physician Fund of Cincinnati, which comes into the round with a wealth of clinical and entrepreneurial experience.
S4 board member and managing director of the Columbus-based Ohio Innovation Fund (OIF), Bill Baumel, adds: "OIF confidently reinvests in S4 Medical and its mission of bringing cutting edge research to market – with the aim of making a huge positive impact on people's lives."
"AF ablation is a large and fast-growing market," says Hardik Desai, senior partner at Jumpstart Inc, of Cleveland, Ohio, "and we're happy to support S4 as they enter the clinical phase towards commercialization to address this critical unmet need." Jumpstart, which focuses on early stage investing and has been involved with S4 from the start, also reinvested in the Series A round.
About S4:
S4 Medical Corp. is a medical device company focused on innovative solutions for cardiac procedures. The company's main focus is a simple, yet comprehensive solution for reducing complications to the esophagus during catheter ablation treatment for atrial fibrillation. S4's team is motivated by providing advanced solutions for superior healthcare. For more information, visit S4 at www.S4medical.com on LinkedIn and Twitter.
Media Contact:
William Fuller
440.279.8091
More News
How the Shaw Prize in Computer Science has been created
Since the Shaw Prize was first presented in 2004, the prestigious annual awards have been presented in three categories: astronomy, life science and medicine, and mathematical sciences. A fourth category – computer science – was announced earlier this year in a move that is fully in keeping with the original vision of Run Run Shaw, the late Hong Kong film mogul and legendary philanthropist, who set everything in motion. His intention was to recognise the quest for knowledge and honour...
“I WILL NEVER SET FOOT IN THAT TOWN AGAIN”: 76 Places Around The World People Recommend You Never, Ever, Ever Visit
"Overall, it was a really strange place, in a way that makes the pit of your stomach tense up, and makes you want to run away." View Entire Post ›
Style Edit: 45R’s new knits spotlight texture and Japanese craftsmanship
The appeal of a good knit is often immediate, from the softness against the skin to the reassuring volume and warmth. At 45R, those qualities begin well before a garment takes shape. The Japanese label’s latest selection puts the making process in focus, bringing together airy merino, characterful Shetland wool and the flecked textures of Donegal tweed. Founded in Tokyo in 1977, 45R approaches clothing through monozukuri, or the “art of making”, a philosophy centred on respect for craft and...
If You Love Everything About Traveling Except The Actual Travel Part, Check Out These 28 Things
Sitting in a plane for hours isn't so bad when you're kicking your feet up on this inflatable foot rest. View Entire Post ›
Suit linings: the link between the NFL draft and London’s Savile Row
Back in April, suit jackets lined with interesting graphics and prints emerged as one of the more unusual fashion trends at the 2026 NFL draft in Pittsburgh, Pennsylvania, the annual event where professional American football teams pick out the best young players looking to enter the league. Colton Hood, then a Tennessee cornerback, now on the New York Giants’ roster, rocked up in a cobalt-blue jacket that, when opened, revealed a swathe of family photographs across the lining, chronicling his...
"Yes, It Is Weird As F*ck": 29 Americans Are Sharing What "Reverse Culture Shocks": They Faced After Moving Back Home From Abroad, And It Just Shows How The US Is Not The Best
"Something I didn't miss when I was abroad was the tipping culture in the United States. Here, tipping is expected everywhere for everything." View Entire Post ›
O3’s Luca Yang hated studying. So he built 24/7 study cafes to motivate people like him
At 22, Luca Yang was running a small teaching company in New Zealand after quitting a six-figure finance job that he hated. It had humble beginnings, where he tutored English online for A$25 (US$17.55) per hour just to get by. When one of his students got into Oxford, word spread: one student became 50, then 500. By most measures, he had already won the start-up lottery. “It was producing a lot of money, but it wasn’t something I actually loved doing,” says Yang, who was born and raised in...
Meet Barbera Thornhill, Trump’s anti-trafficking ambassador, going viral for her ‘Maga face’
After Katie Zacharia was sacked as the White House press secretary amid questions about her legal qualifications, another newly appointed Trump official is going viral. Barbera Thornhill is US President Donald Trump’s new Ambassador-at-Large to Monitor and Combat Trafficking in Persons. State Department official Riley Barnes shared the 78-year-old’s portrait on X to celebrate her appointment, but the post gained traction for all the wrong reasons. Social media users tore into Thornhill’s...
This Manchester Hotel Has A Whimsical, Storybook-Like Suite That Made Me Feel Like A Kid Again
...The restaurant Sister Moon is another story. View Entire Post ›
28 Travel Products That Are Worth The Extra Space If You’re Traveling With Kiddos
Because keeping your kids happy is over half the vacay battle, and YOU CAME TO WIN with these finds on your side. View Entire Post ›
46 Travel Products That Just Make Sense To Buy If You’re Going On Multiple Trips Before The Year Ends
Whether you're traveling near or far or in between, you definitely need this foldable 3-in-1 charger and these holy grail travel pants as your copilots. View Entire Post ›
I Spent 5 Days In One Of America's Most Overlooked Places, And I Think I Found My New Favorite Place On Earth
If you know, you really know. View Entire Post ›
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.