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Radwave Technologies

Saint Paul, MN · Founded 2018 · Privately Held (backing)

Developer of an electromagnetic navigation system designed to offer accurate object tracking for advanced surgical procedures. Radwave Technologies is based in Saint Paul, MN and was founded in 2018. It was valued at $20.8 million at its seed round in Sep 2025, the last priced event on record. It has raised $3.4 million across 3 recorded rounds; the latest was a $600,000 seed round in Sep 2025.

PMV mark · valuation
$20.8M
Oct 2026
Priced at
its seed round
Sep 2025
Total raised
$3.4M
Last round
Seed Round
Sep 2025

Radwave Technologies key facts

as of Oct 2026
  • Developer of an electromagnetic navigation system designed to offer accurate object tracking for advanced surgical procedures.
  • Radwave Technologies is valued at approximately $20.8M as of Oct 2026, set at its seed round, Sep 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $3.4M across 3 recorded rounds; the latest was Seed Round ($600K) in Sep 2025.
  • Notable investors include US National Science Foundation, Minnesota Department of Employment and Economic Development, National Science Foundation Innovation Corps Program, TT Electronics, University Enterprise Laboratories.
  • Radwave Technologies has filed 4 Form Ds with the SEC since 2020, most recently Sep 2025 ($600K sold to 7 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$20.8M

Valued at $20.8M at its seed round, Sep 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Radwave Technologies funding rounds

3 rounds
Sep 2025Seed Round$600KSEC filing▮
Dec 2023Seed Round$2.8MSEC filing▮
Nov 2019Seed Round$2.7MSEC filing▮
Full funding history →

Radwave Technologies valuation

Radwave Technologies was valued at $20.8 million at its seed round in Sep 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Radwave Technologies raised?

Radwave Technologies has raised $3.4 million across 3 recorded rounds since 2019. The largest was a $600,000 seed round in Sep 2025.

Radwave Technologies has filed 4 Form Ds with the SEC since 2020, most recently in Sep 2025 ($600,000 sold to 7 investors).

Radwave Technologies investors

5 investors are on record for Radwave Technologies, including US National Science Foundation, Minnesota Department of Employment and Economic Development, National Science Foundation Innovation Corps Program and TT Electronics. The seed round in Sep 2025 drew 7 investors.

About Radwave Technologies

Developer of an electromagnetic navigation system designed to offer accurate object tracking for advanced surgical procedures. The company's system offers performance tracking services for their image-guided, minimally-invasive and robotic procedures, enabling medical experts to locate surgical instruments and tools inside the human body, where there is no line of sight.

Sector
Healthcare
HQ
Saint Paul, MN, United States
Founded
2018
Employees
12
Ownership
Privately Held (backing)

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