Navi Medical Technologies Raises A$6.8M in Funding

Following US clearance and evaluations at two children’s hospitals, the company is preparing commercial sales. Its system lets clinicians reassess catheter position throughout use.

Round size
A$6.8M
Stage
Undisclosed
Headquarters
Australia
Announced
Jul 29, 2026

Checking catheter position beyond insertion

Neonav uses intravascular ECG to locate a catheter tip and provide ongoing migration surveillance. The approach is designed for neonatal and pediatric vascular access rather than only confirming placement once.

Bringing the device to US hospitals

The financing supports US commercialisation after FDA 510(k) clearance in 2025 and an expanded indication in 2026 that includes umbilical venous catheters. The company expects US sales to begin in 2026.

Where the funding goes

  • Manufacturing expansion
  • US commercial team
  • US hospital launch

Sources

  1. Navi Medical Technologies: funding announcement
  2. Navi: official company announcement
  3. Navi: official product and offices
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