Smart AED maker Avive raises $56.6M

The Avive Connect AED.

Connected automated external defibrillator (AED) maker Avive Solutions announced that it closed a $56.5 million growth equity financing.

Questa Capital, Laerdal Million Lives Fund (LMLF) and Catalyst Health Ventures led the financing round. New investors, including RC Capital and Eckuity Capital, also participated.

San Francisco-based Avive plans to use the funds to accelerate its commercial developments in the U.S. and to expand its team. The company aims to improve cardiac arrest survival rates by offer portable, ready-to-use AEDs in communities, schools, businesses and homes. It wants to create a new paradigm, making AEDs accessible in the critical early minutes of a cardiac emergency.

The Avive Connect AED delivers robust internet connectivity through cellular, WiFi, GPS and Bluetooth integration. It features the Avive Intelligent Response Platform, powering a “4-Minute City” program. This aims to improve survival r…

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Avive Solutions raises $22M for wirelessly connected AED technology

Out-of-hospital cardiac arrest (OHCA) treatment develoepr Avive Solutions announced today that it closed a $22 million Series A financing round.

San Francisco-based Avive develops an intelligent automated external defibrillator (AED) and connected response platform. The company will use the funding to advance its AED platform.

Avive’s offering integrates the Avive Connect AED — which awaits FDA approval — with its proprietary, data-driven emergency response software platform, all of which seamlessly connects with 911 emergency communications centers through a partnership with RapidSOS, according to a news release.

The platform offers incident data-sharing capabilities to providers with the aim of closing data gaps that often exist during cardiac arrest response. Emergency communications centers with access to RapidSOS can dispatch Avive Connect AEDs to the location of a cardiac arrest emergency by audibly alerting and displaying a map on the device…

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