Who founded Magnendo?

Magnendo was founded by Yoonho Kim in 2024.

Who are Magnendo's investors?

Magnendo's investors include Kakao Ventures.

How much funding has Magnendo raised?

Magnendo has disclosed $20.3M raised across 2 rounds.

Where is Magnendo headquartered?

Magnendo is headquartered in Newton, US.

Magnendo

Newton, US · Founded 2024 · Delaware corporation · 1 known investors

Magnendo develops a magnetically steerable soft-robotic guidewire system for neurovascular endovascular procedures, enabling physicians to access hard-to-reach targets in the brain's blood vessels for stroke and aneurysm treatment. The system is designed to reduce procedural time, complications, and costs while improving patient outcomes.

Biotech Deep Tech Medical Devices Robotics

Founders & leadership

Magnendo was founded in 2024 by Yoonho Kim.

Yoonho KimPresident, CEO and Secretary

Jeffrey ArnoldChairman and Treasurer

Aman PatelChief Medical Officer

Meir RosenbergChief Development Officer

Xuanhe ZhaoNamed on SEC filing

Investors · 1

Kakao VenturesSeongnam · $297K – $27M

Reported raises · per SEC filings

Form D private placements

$20.3M disclosed across 2 rounds · 2024–2026

▶$18MraisedJul 2026 · 10 investors · Biotechnology

Rule 506(b)

Officers, directors & promoters on the filing

Yoonho KimExecutive Officer, Director
Aman PatelDirector
Jeffrey ArnoldDirector
Xuanhe ZhaoDirector

Offering amount: $18M
Amount sold: $18M
First sale: Jul 2026
Incorporated: Corporation, Delaware, 2024
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$2.3MraisedOct 2024 · 37 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Yoonho KimExecutive Officer, Director
Xuanhe ZhaoDirector
Jeffrey ArnoldExecutive Officer, Director
Aman PatelExecutive Officer, Director
Meir RosenbergExecutive Officer

Offering amount: $3.5M
Amount sold: $2.3M
Proceeds to insiders: $465K
First sale: Jun 2024
Incorporated: Corporation, Delaware, 2024
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap

Mendaera4 shared keywordsMendaera builds robotic technology, including its Focalist System for robotic-guided access and procedures such as transplant biopsy, to help healthcare providers perform reproducible clinical procedures. The company serves clinicians and healthcare providers in the medical device and surgical robotics field.

Intuitive3 shared keywordsIntuitive develops robotic-assisted surgical systems, including the da Vinci systems for minimally invasive surgery and the Ion system for bronchoscopy. Its products are medical devices used by surgeons and physicians in healthcare settings.

Companies competing with Magnendo for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Magnendo do?: Magnendo develops a magnetically steerable soft-robotic guidewire system for neurovascular endovascular procedures, enabling physicians to access hard-to-reach targets in the brain's blood vessels for stroke and aneurysm treatment. The system is designed to reduce procedural time, complications, and costs while improving patient outcomes.
Who founded Magnendo?: Magnendo was founded by Yoonho Kim in 2024.
Who are Magnendo's investors?: Magnendo's investors include Kakao Ventures.
How much funding has Magnendo raised?: Magnendo has disclosed $20.3M raised across 2 rounds.
Where is Magnendo headquartered?: Magnendo is headquartered in Newton, US.