Diligence memo · auto-generated · as of July 3, 2026

IceCure Medical Ltd.

IceCure Medical Ltd. looks over-valued against its niche peers and is active on financing cadence.

WatchModeled above niche peers — entry today likely prices in growth not yet evidenced in the filings.

Businessfiled

IceCure Medical Ltd. operates in Biotechnology, based in CAESAREA.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

IceCure Medical Ltd. has raised $8.0M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $4.0M on 2013-08-28.

Most recent recorded round closed around 2026-03-26.

Valuation (modeled)modeled

Provath models IceCure Medical Ltd. at approximately $7.4M (range $2.9M–$12M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 1.63× the median modeled value of Seed Biotechnology companies in 2025–2027 (99 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 151 months.

Last raise 3 mo ago; this sector typically re-raises about every 14 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 1.0× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 52% of Biotechnology peers (4293 compared).

Modeled value ranks above 15% of those peers.

Closest niche peers: Carna Inc., NRX Pharmaceuticals, Inc., Vicora, Inc., MH3D, Inc., Oral Genome Corp..

Peoplefiled

24 named people on file across officers, directors and signatories.

Risks & flagsmixed

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.