About Rainbow Medical
Rainbow Medical is a venture capital firm founded in 2008. It is primarily based out of Herzliya, Israel. As of Jul 2022, Rainbow Medical has invested in 11 companies. It primarily invests in Seed round in Israel based startups. Its investments are spread across a wide range of sectors from Life Sciences to HealthTech and High Tech. Most recently it participated in the $***** Series D round of Vascular Dynamics A lot of funds co-invest with Rainbow Medical, with names like MedFocus sharing a substantial percentage of its portfolio. Rainbow Medical has team of 5 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series B
Portfolio Soonicorns
Rainbow Medical's List of Top Investments
Rainbow Medical has a portfolio of 11 companies. Their most notable investmentis in Vascular DynamicsTheir portfolio spans across Israel and United States. They have invested in Life Sciences, HealthTech, High Tech and 1 other sectors, across stages such as Seed, Series B stages. Here is the list of top investments by Rainbow Medical:Developer of neurostimulation device for the treatment of overactive bladder. The flagship product of the company is "Renova" a wireless device that delivers targeted electric stimulation to the nerve for the treatment of patients with an Overactive Bladder and associated symptoms of urinary urgency and frequency.
Key facts about BlueWind Medical
- Founded Year: 2010
- Location: Herzliya (Israel)
- Stage: Series B
- Total Funding till date: $112M
- Employee Count: 96 as on Sep 30, 2026
- Investors: Rainbow Medical and ConvaTec
- Latest Funding Round: Series B, May 14, 2026, $*****
Vascular Dynamics (VDI) has developed a passive, catheter-delivered implant for the treatment of high blood pressure i.e, hypertension. The company offers a platform Mobius HD which helps in monitoring the implant and reshaped using a controller resulting in a strain in the sinus wall, causing the body's natural response to lower blood pressure.
Key facts about Vascular Dynamics
- Founded Year: 2008
- Location: Mountain View (United States)
- Stage: Series D
- Total Funding till date: $81.8M
- Employee Count: 9 as on Dec 31, 2022
- Investors: Invus, HBM Healthcare Investments and 3 Others
- Latest Funding Round: Series D, Jul 12, 2022, $*****
- Highlight: Editors' Pick

3. Polso
Provider of wearable remote patient monitoring solutions for managing chronic diseases at home. It is offering wrist-worn wearable that monitors vital signs like pulse rate, blood oxygen level, and respiratory rate.
Key facts about Polso
- Founded Year: 2015
- Location: Yokneam Illit (Israel)
- Stage: Funding Raised
- Employee Count: 10 as on Aug 31, 2026
- Investors: Vinno Capital, Rainbow Medical and 1 Other
- Latest Funding Round: Grant (prize money), Jun 01, 2016, $*****
4. GluSense
GluSense is developing a long-term implantable continuous glucose sensor (CGM) for Type 1 Diabetes Mellitus patients. Its technology is based on a fluorescent protein which reports the level of glucose. Long term operation is achieved using engineered live cells which are encapsulated within the device and continuously produce the fluorescent protein. These genetically-engineered human cells colored red and blue move into different patterns depending on the amount of glucose in the blood. It is a portfolio company of Rainbow Medical.
Key facts about GluSense
- Founded Year: 2007
- Location: Lod (Israel)
- Stage: Deadpooled
- Total Funding till date: $26.9M
- Employee Count: 3 as on Jul 01, 2024
- Investors: T1D Fund, Ping An Ventures and 15 Others
- Latest Funding Round: Series A, Feb 15, 2017, $*****
5. Nano Retina
Nano Retina is developing a bio-retina device for people with retinal degenerative disease. The bio-retina incorporates nano-sized components in a tiny, flat implant which approximates to the size of a child’s fingernail bed. The company claims that its implant procedure takes 30 minutes and requires local anesthesia, a small incision and gluing of the device to the damaged retina. The bio-retina is activated by special eyeglasses to convert the light into an electrical impulse which stimulates the neurons to send images to the brain for restoring the sight. It enables patients who have undergone the procedure to watch TV and identify faces.
Key facts about Nano Retina
- Founded Year: 2009
- Location: Herzliya (Israel)
- Stage: Funding Raised
- Employee Count: 3 as on Sep 30, 2026
- Investors: Docor, Ping An Ventures and 3 Others
- Latest Funding Round: Grant (prize money), Apr 14, 2010, $*****
Rainbow Medical's Investments by Stage
Rainbow Medical has made 1 investment in Seed stage and 1 investment in Series B stage with an average round size of $9.71M.Rainbow Medical's Investments by Sector
Rainbow Medical has a diverse portfolio, with companies operating in the Life Sciences, High Tech and Robotics - Industry Applications. Notably, it has invested in 11 Tech companies, 10 Enterprise (B2B) companies, 8 Tech hardware companies and at least 5 companies focusing on Software.Sector | No. of Investments |
|---|---|
Life Sciences | 2 |
High Tech | 1 |
Robotics - Industry Applications | 1 |
Note: We have considered here, only first round of investments
Rainbow Medical's Investments by Geography
Rainbow Medical has made most investments in Israel (1), followed by United States where it has made 1 investment.Rainbow Medical's recent investments
Rainbow Medical has not made any investment in 2026 so far.Here are the most recent investments by Rainbow Medical:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 12, 2022 | United States | Series D | 9148 | ||
Nov 05, 2014 | United States | Series B | 9701 | [+1] | |
Jul 2013 | Israel | Seed | 5326 | - |
Team profile of Rainbow Medical
Rainbow Medical has a team of 5 members including 3 Partners and 2 Principals located in Israel, China and 1 more location. Rainbow Medical's team does not sit on the board of any company as of now.Here is a list of all team members in Rainbow Medical:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Petah Tikva | - | ||
Partner | Israel | - | ||
Partner | Philadelphia | - | - | |
Principal | Chengdu | - | ||
Principal | Israel | - |
Co-investors of Rainbow Medical
Over the past 13 years, 4 investors have co-invested in Rainbow Medical's portfolio companies. This includes funds and angels.
- Top Co-investors of Rainbow Medical: 2 investors entered a company along with Rainbow Medical. These include investors like MedFocus (1 company).
- Invested after Rainbow Medical: HBM Healthcare Investments (1 company) and Invus (1 company) are the investors which have invested in Rainbow Medical's portfolio after their investments.
Recent News related to Rainbow Medical
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Vascular Dynamics Closes $20 Million Equity FinancingMedical Product Outsourcing•Aug 22, 2022•Vascular Dynamics, Rainbow Medical, HBM Healthcare Investments, Invus
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Vascular Dynamics Completes $20 Million Equity Financing to Support Further Clinical Evaluations of MobiusHD DeviceMedical Device News•Jul 12, 2022•Vascular Dynamics, HBM Healthcare Investments, Invus, Rainbow Medical
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SyMap Medical Ltd. Announces its Strategic Collaboration with Pythagoras MedicalPR Newswire•Dec 29, 2021•Suzhou Xinmai Medical Equipment, Rainbow Medical
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ConfidenHT™ System Receives CE-Mark Announced by Pythagoras MedicalMedical Device News•Mar 26, 2018•Rainbow Medical