PIRAEUS MEDICAL, INC.
Rochester, MN · Founded 2021 · CIK 0001933134 · Medtech · Private
Specialized catheter system designed for transradial access thrombectomy in acute ischemic stroke, optimizing navigation through tortuous cerebral vasculature and clot aspiration.
piraeusmedical.com →- Grants
- $2.5M
- 3 awards
- Sector median: 1
- Raised
- $14M
- 10 Form D · Apr 2026
- 6 months since last filing
- Contracts
- —
- No federal contracts on record
- Patents
- 13
- 1 granted · 12 pending
- Sector median: 2
Capital Timeline
Federal ↑Equity ↓202120222023202420252026
| Date | Event | Source | Amount |
|---|---|---|---|
| Private capital raised | Form D · SEC | $62,500 | |
| Private capital raised | Form D · SEC | $900,000 | |
| Private capital raised | Form D · SEC | $150,000 | |
| Private capital raised | Form D · SEC | $450,000 | |
| Private capital raised | Form D · SEC | $3,108 | |
| Federal grant | Department of Health and Human Services · Phase I · Two-for-one Stroke Thrombectomy: A novel Dual DAC to enhance navigability, lumen size, aspiration efficiency, and persistent flow arrest in mechanical thrombectomy | $499,765 | |
| Federal grant | Department of Health and Human Services · Phase II · Enabling rapid and effective stroke thrombectomy procedures from a Transradial approach: Combining introducer sheath, guide catheter, and distal access catheter into a single device. | $992,721 | |
| Private capital raised | Form D · SEC | $6,000,000 | |
| Federal grant | Department of Health and Human Services · Phase II · Enabling rapid and effective stroke thrombectomy procedures from a Transradial approach: Combining introducer sheath, guide catheter, and distal access catheter into a single device. | $982,021 | |
| Private capital raised | Form D · SEC | $2,000,001 | |
| Private capital raised | Form D · SEC | $300,000 | |
| Private capital raised | Form D · SEC | $662,600 | |
| Private capital raised | Form D · SEC | $3,575,100 |
Federal grant · SBIR/STTRForm D · SEC
Peer position
| # | Company | Contracts | Disclosed equity |
|---|---|---|---|
| 1213 | MESA PHOTONICS LLC | — | — |
| 1214 | RTC ELECTRONICS, INC. | — | — |
| 1215 | Cor Habere Corp. | — | — |
| 1216 | PIRAEUS MEDICAL, INC. | — | $14M |
| 1217 | Angel Eye Camera Systems, LLC | — | $626K |
| 1218 | Cerillo, Inc | — | $3.8M |
| 1219 | EPICORE BIOSYSTEMS, INC. | — | $32M |
Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.
Founders & Team
- Martin AkhavanDirector
- Ryan EgelandDirector
- Jared HutarDirector · Executive Officer
- Keith KallmesDirector · Executive Officer
- Kevin KallmesDirector · Executive Officer
Patents
- Catheter Systems And Methods Of Usegranted
- System And Methods For A Guidewire With A Multi-edge Profileapplication
- Catheter Method Of Manufactureapplication
- Catheter Systems And Methods Of Useapplication
- Catheter Systems And Methods Of Useapplication
- Catheter Devices And Methods Of Useapplication
- Catheter Method Of Manufactureapplication
- Catheter Systems And Methods Of Useapplication
- Catheter Method Of Manufactureapplication
- Catheter Systems And Methods Of Useapplication
- System And Methods For A Guidewire With A Multi-edge Profileapplication
- Catheter Devices And Methods Of Useapplication
Regulatory activity · Medtech
- New Animal Drugs; Approval of New Animal Drug Applications; Withdrawal of Approval of New Animal Drug Application; Change of SponsorFood and Drug Administration
- Medical Devices; General and Plastic Surgery Devices; Classification of the Skin Patch for Treatment of HyperhidrosisFood and Drug Administration
- Medical Devices; Anesthesiology Devices; Classification of the Monitor for Opioid Induced Impairment of OxygenationFood and Drug Administration
- Medical Devices; Orthopedic Devices; Classification of the Medial Knee Implanted Shock AbsorberFood and Drug Administration
- Medical Devices; Neurological Devices; Classification of the External Lower Extremity Nerve Stimulator for Restless Legs SyndromeFood and Drug Administration
- Medical Devices; General Hospital and Personal Use Devices; Classification of the Infant Supine Sleep SystemFood and Drug Administration
Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.