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ALung - About the company

ALung is an acquired company based in Pittsburgh (United States), founded in 1997 by William Federspiel. It operates as a Developer of extracorporeal CO2 removal system to supplement mechanical ventilation. ALung has raised $150M in funding from investors like Birchmere Ventures, Eagle Ventures and Allos Ventures. The company has 230 active competitors, including 70 funded and 27 that have exited. Its top competitors include companies like ZOLL AEDs, InnAccel and Pentax Medical.

Company Details

Developer of extracorporeal CO2 removal system to supplement mechanical ventilation. TheHemolung Cartridge couples a centrifugal blood pump and gas exchange membrane into one device.
Website
alung.com
Social
X
Registered Address
Pittsburgh, Pennsylvania
Key Metrics
Founded Year
1997
Location
Pittsburgh, United States
Stage
Acquired
Total Funding
$150M in 23 rounds
Latest Funding Round
Ranked
Employee Count
3,609 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by LivaNova (May 05, 2022)

ALung's acquisition details

ALung got acquired by LivaNova on May 05, 2022.
Click here to take a look at ALung's acquisition in detail
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ALung's funding and investors

ALung has raised a total funding of $150M over 23 rounds. Its first funding round was on 2002. ALung has 16 institutional investors.

Here is the list of recent funding rounds of ALung:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 06, 2021
7309930
Series C
4955859
2325412
9558048
9472594
Nov 12, 2020
3605911
Series C
9806498
2005232
9520972
5405878
Jun 01, 2020
8968467
Series C
8413969
4099973
3615564
6001214
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ALung's founders and board of directors

Founder? Claim Profile
The founders of ALung is William Federspiel.
Here are the details of ALung's key team members:

ALung's employee count trend

ALung has 3,609 employees as of Sep 26. Here is ALung's employee count trend over the years:
Employee count trend for ALung
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ALung's Competitors and alternates

Top competitors of ALung include ZOLL AEDs, InnAccel and Pentax Medical. Here is the list of Top 10 competitors of ALung, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ALung
ALung
1997, Pittsburgh (United States), Acquired
Developer of extracorporeal CO2 removal system to supplement mechanical ventilation
$150M
64/100
2nd
Logo for ZOLL AEDs
ZOLL AEDs
1983, Chelmsford (United States), Acquired
Developer of medical devices and software solutions for emergency care
-
64/100
3rd
Logo for InnAccel
InnAccel
2012, Bengaluru (India), Seed
Developer of medical devices for critical care, obstetrics, and neonatology
$5.84M
60/100
4th
Logo for Pentax Medical
Pentax Medical
1976, Montvale (United States), Funding Raised
Manufacturer of endoscopic imaging devices
-
-
60/100
5th
Logo for Lungpacer
Lungpacer
2009, Vancouver (Canada), Series B
Developer of a neurostimulation-based pacer for diaphragm strength
$137M
59/100
6th
Logo for vTitan
vTitan
2010, Chengalpattu (India), Seed
Manufacturer of a broad range of medical devices used in critical care units of hospitals
$10M
58/100
7th
Logo for MedInTech
MedInTech
2020, Hanam si (South Korea), Series B
Developer of medical device technologies
$21.2M
51/100
8th
Logo for Belluscura
Belluscura
2015, Dallas (United States), Public
Provider of medical devices for laparoscopic procedures
$6.38M
50/100
9th
Logo for I Q Endoscopes
I Q Endoscopes
2015, Chepstow (United Kingdom), Series B
Manufacturer of endoscope devices for healthcare sector
$13.9M
50/100
10th
Logo for Pristine Surgical
Pristine Surgical
2011, Manchester (United States), Series D
Developer of single use digital imaging platform
$33M
50/100
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ALung's Investments and acquisitions

ALung has made no investments or acquisitions yet.

Reports related to ALung

Here is the latest report on ALung's sector:

News related to ALung

lockFilter this list
Media has covered ALung for a total of 5 events in the last 1 year, 2 of them have been about company updates and 2 about people movement.
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London-based LivaNova is picking up another Pittsburgh biotech firmPittsburgh Post-Gazette•May 05, 2022•ALung
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