BREAKING  Axon Therapies raises $32M oversubscribed Series A   Co-founder Zoar Engelman named CEO   SAVM procedure targets a root cause of heart failure   Implant-free, under one hour, outpatient   REBALANCE-HF: 116 patients across 18 sites   Backed by Earlybird, Santé, Deerfield BREAKING  Axon Therapies raises $32M oversubscribed Series A   Co-founder Zoar Engelman named CEO   SAVM procedure targets a root cause of heart failure   Implant-free, under one hour, outpatient   REBALANCE-HF: 116 patients across 18 sites   Backed by Earlybird, Santé, Deerfield
Clinical-Stage Medtech · Santa Clara, California

Axon Therapies

Rebalancing heart failure at its source - one nerve, one catheter, no implant.

Heart Failure / HFpEF Splanchnic Ablation Neuromodulation Series A · $32M
Axon Therapies logo
Axon Therapies, Inc. - the company logo, rendered from the firm's own brand mark. A quiet name for a loud idea: treat the physiology, not just the symptom.
The Story

Treating a Root Cause, Not the Symptom

A California medtech asks a stubborn question about heart failure - and answers it in the abdomen.

Nearly half of all heart failure patients live with a version of the disease - heart failure with preserved ejection fraction, or HFpEF - that has almost no proven, durable treatments. For decades the standard playbook has been to manage the symptoms: drain excess fluid, ease the breathlessness, repeat. Axon Therapies, a clinical-stage medical device company headquartered in Santa Clara, California, is built around a different premise. What if you could reach past the symptoms and calm the overactive nervous system that keeps making the disease worse?

Its answer is a procedure the company calls SAVM - Splanchnic Ablation for Volume Management. Using a catheter threaded through the femoral vein in the groin, physicians navigate to a vessel near the right greater splanchnic nerve and deliver targeted radiofrequency energy to quiet it. There is no implant left behind. The outpatient procedure typically takes under an hour. The bet is that by dialing down a single, well-chosen nerve, the body can be nudged back toward a healthier balance of blood volume - and a failing heart can be given room to work.

By the Numbers

The Shape of the Company

$32M
Series A, 2025
~50%
of HF patients have HFpEF
116
patients, REBALANCE-HF
<1 hr
outpatient procedure

The Problem It Solves

  • HFpEF affects tens of millions worldwide, yet effective treatment options remain scarce.
  • Heart failure is a leading cause of hospitalization and death, with roughly a 50% five-year survival rate.
  • An overactive sympathetic nervous system drives the disease forward, worsening congestion and pressures.
  • Standard care - diuretics and drug therapy - manages symptoms but rarely addresses the underlying physiology.

What Axon Does Differently

  • Targets a mechanism, not a symptom: it modulates the sympathetic nervous system directly.
  • Implant-free - nothing is left in the body after the procedure.
  • Minimally invasive and outpatient - a catheter through the groin, under an hour.
  • Unilateral and precise - it ablates the right greater splanchnic nerve specifically.
The Mechanism

How SAVM Works

The splanchnic bed - liver, spleen, stomach and intestines - can hold up to half the body's blood volume. That reservoir is the lever.
1

Access

A catheter is inserted through the femoral vein in the groin - no surgery, no implant.

2

Navigate

The Axon Ablation Catheter is guided to a target vessel near the right greater splanchnic nerve.

3

Ablate

Targeted radiofrequency energy calms the nerve, blocking overactive sympathetic signals.

4

Rebalance

Blood volume redistributes more naturally, easing pressure on the heart - the patient goes home the same day.

Early Evidence

What the Feasibility Data Showed

Twelve-month results from Axon's sham-controlled feasibility work in HFpEF patients.
Wedge pressure (PCWP)
-18 mmHg vs sham
Quality of life (KCCQ)
+17 points
6-minute walk distance
+49 meters

Bar lengths are illustrative of reported directional improvement, not to a common scale. Figures reflect 12-month feasibility data reported by the company; the Satera Ablation System remains investigational and is not approved for commercial use.

Heart failure is one of the leading causes of hospitalization and death worldwide, yet patients still face a lack of effective treatment options. Our implant-free, minimally invasive therapy is designed to address a core physiological driver of the disease.
Zoar Engelman, PhD - Co-founder, President & CEO
Products & Services

The Platform

One mechanism, cleanly executed - hardware plus a novel procedure.
Device

Satera Ablation System

An investigational, implant-free catheter system delivered through the femoral vein to perform targeted ablation of the greater splanchnic nerve in a sub-one-hour outpatient procedure.

Procedure

SAVM

Splanchnic Ablation for Volume Management - the proprietary therapy that calms the overactive sympathetic nervous system to normalize blood volume distribution in heart failure.

Component

Axon Ablation Catheter

The catheter navigated to a vessel near the right greater splanchnic nerve to deliver radiofrequency energy and block sympathetic signals.

Business Model

How the Company Works

Axon Therapies is a pre-commercial, clinical-stage business. It develops proprietary, patent-protected ablation hardware and a novel interventional procedure, financed by venture and strategic healthcare investors while it runs randomized feasibility and pivotal trials toward FDA IDE approval and European CE Mark. The eventual model: selling the device and procedure to hospitals, cath labs and interventional cardiologists.

Its likely customers are the heart failure specialists, electrophysiologists and interventional cardiologists who would perform SAVM - on behalf of the tens of millions of patients living with HFpEF.

Where It Fits

The Competitive Map

Axon sits in the emerging category of device-based neuromodulation for heart failure. Alternatives include baroreflex activation therapy (CVRx's Barostim, and the legacy Rheos system), interatrial shunt devices such as Corvia Medical's, and broader sympathetic-modulation approaches like renal denervation. The default competitor, though, is standard drug therapy - diuretics and SGLT2 inhibitors.

What distinguishes Axon is its specific target: the right greater splanchnic nerve and the enormous blood-volume reservoir it governs.

Funding & Backers

Who Is Behind It

Roughly $35.3M raised to date, capped by an oversubscribed Series A.
RoundAmountDateLead / Notable Investors
Series A$32MSep 2025Earlybird VC & Santé Ventures (co-leads), Deerfield, CD Capital, KOFA Healthcare
Earlier financing~$3.3M (implied)PriorDeerfield Management, Action Potential Venture Capital

Total funding figure and earlier-round amount are approximate, derived from reported totals. Axon was incubated by the New York medtech studio Coridea.

Milestones

The Path So Far

2021

Platform takes shape

Axon advances its splanchnic ablation concept and early feasibility work out of the Coridea-incubated program.

2022

Early REBALANCE-HF results

Roll-in cohort data on endovascular ablation of the right greater splanchnic nerve in HFpEF is reported in the peer-reviewed literature.

2024

Late-breaking safety & responder data

Axon presents data confirming procedure safety and identifying which patients are most likely to benefit from SAVM.

2025

$32M Series A and new CEO

An oversubscribed Series A closes, co-founder Zoar Engelman is appointed CEO, and a UK subsidiary - Axon Vascular Europe Ltd - is established.

Questions

Frequently Asked

What does Axon Therapies do?

It is a clinical-stage medical device company developing SAVM, a minimally invasive, implant-free catheter procedure that ablates the greater splanchnic nerve to rebalance blood volume and treat heart failure, especially HFpEF.

What is the Satera Ablation System?

It is Axon's investigational catheter-based device, delivered through the femoral vein, that performs targeted radiofrequency ablation of the right greater splanchnic nerve in an outpatient procedure typically under an hour.

How much funding has Axon Therapies raised?

Axon raised a $32M oversubscribed Series A in September 2025, co-led by Earlybird Venture Capital and Santé Ventures, bringing reported total funding to roughly $35.3M.

Who leads Axon Therapies?

Co-founder Zoar Engelman, PhD - formerly Chief Scientific Officer - is President & CEO, with co-founder Howard Levin, MD serving as Chief Medical Officer.

Is the SAVM procedure approved?

No. As of 2026 the Satera Ablation System and SAVM procedure remain investigational, studied in randomized feasibility trials such as REBALANCE-HF, and not yet cleared for commercial use.

Explore & Watch

Links, News & Video

heart failurehfpefsavmsplanchnic ablationneuromodulationmedical devicecardiovascularsateraminimally invasive

This profile is compiled from public sources including Axon Therapies' website and press releases. Axon's Satera Ablation System and the SAVM procedure are investigational and not approved for commercial use. Clinical figures are as reported by the company and should be treated as approximate. Some video links point to search results rather than a single verified official channel.