Avive Solutions, the developer of the world's most advanced connected automated external defibrillator (AED) - the Avive Connect AED'‡ - today announced the closing of a $56.5 million growth equity financing. The round was led by Questa Capital, Laerdal Million Lives Fund (LMLF), and Catalyst Health Ventures, and welcomed several new investors including RC Capital and Eckuity Capital. The new capital will be used to accelerate Avive's commercial developments across the United States and to further expand the team with top talent. The Company also announced that Rik Vandevenne, Managing Partner at RC Capital, has joined Avive's Board of Directors.

Avive Solutions, Inc'‡ is revolutionizing Sudden Cardiac Arrest response with an innovative ecosystem that seamlessly integrates a state-of-the-art, connected AED (the Avive Connect AED'‡) and first-of-its-kind software solutions. Focused on portability, accessibility, and connectivity, the Avive Connect AED aims to establish a new standard of excellence in the industry. Complementing this device are Avive's REALConnect Platform™, a software solution designed to streamline AED ownership and management, and Avive's Intelligent Response Platform™, which is designed to provide comprehensive cardiac arrest response capabilities to entire communities. This connected approach aims to ensure AEDs are ready to use when needed, increase bystander intervention, reduce time-to-defibrillation, and facilitate the rapid transfer of critical data to those who need it most. Founded in 2017, Avive'‡ is dedicated to empowering bystanders, first responders, and 911 telecommunicators to administer lifesaving care with ease and efficiency. Its versatile connected AED and software solution protects individuals across a diverse array of industries and organizations, spanning businesses of all sizes, government agencies, educational institutions, municipalities, religious establishments, healthcare facilities, emergency medical services, public safety agencies, sporting venues, corporate campuses, retail establishments, hospitality industry, entertainment venues, and even homes.