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Tricares

27 Avenue de l'Opéra, Paris, Ile-de-France, 75001, France

Overview

TRiCares is a privately held medical-device company headquartered in Aschheim, Germany that focuses on minimally invasive treatment of tricuspid regurgitation (TR). Its flagship product, Topaz, is a transfemoral and transjugular tricuspid valve replacement system featuring a dual-stent design that avoids the need for high-risk open-heart surgery. The device is engineered to accommodate a wide range of patient anatomies and fully replaces the diseased tricuspid valve. Led by President and CEO Ahmed Elmouelhi, TRiCares maintains offices in France, Germany, the United States and Brazil to support product development and anticipated commercial expansion. The company plans to use newly raised capital to accelerate operations and further clinical and engineering work on Topaz. No operating metrics or previous revenue figures were disclosed in the article.

Total raised
$153M
Funding rounds
4
Latest round
Debt Financing
Latest activity
Jan 2026

Industries

  • Health Care
  • Medical
  • Medical Device
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Recent funding

  1. Debt Financing

    Jan 2026

    $23M

  2. Series D

    Jul 2024

    $50M

  3. Series C

    Dec 2022

    $54M

  4. Series B

    Jun 2018

    $26M

Team

  • Helmut Straubinger

    President and CEO

    LinkedIn
  • Ahmed Elmouelhi

    Senior Vice President - Prod Marketing, Strategy, and Business Development

    LinkedIn