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From EIC Accelerator Grant to US Trials: Trisol's Tricuspid Valve

October 7, 20262,076 words11 min

The tricuspid valve, which separates the two right-hand chambers of the heart, gets far less attention than the aortic and mitral valves on the left side, and when it leaks badly most patients are left with diuretics because open-heart surgery is too risky for them. Trisol Medical, a start-up in Yokneam in northern Israel, is building a valve that is pushed into place through a vein instead. In October 2019 the European Commission selected it in the EIC Accelerator pilot cut-off of 9 October 2019 for blended finance, a grant plus EIC equity. The list names Trisol as the only company on the project.

The grant was €2,324,935.20 towards a €3,321,336 project that ran from 1 February 2020 to 31 January 2024, according to CORDIS. Its aim was to validate the device in animals, implant it in the first humans and run "the First-In-Human and CE mark clinical trial". Nearly three years after the project closed, the valve has been implanted in more than 20 patients in an FDA-approved US study and the EIC Fund is a shareholder. No CE mark trial in Europe has been announced, and the valve is not approved anywhere.

€2.32MEU grant for the Trisol System project
17Patients implanted by the end of the EIC project, per CORDIS
22US patients in the trans-jugular cohort, January 2026
No CE markThe European approval the project prepared for

Company file

Legal entity
Trisol Medical Ltd, private company no. 515485944, active
Incorporated
12 July 2016, in the Alon MedTech Ventures incubator
Registered address
1 HaOtzma St., Yokneam Illit (register); CORDIS and the website give other Yokneam addresses
Leadership
Ron Davidson (CEO); Dr. Shimon Eckhouse (chairman); Dr. Mordehay Vaturi (inventor, medical director)
Known investors
EIC Fund; Alon MedTech Ventures; undisclosed US, Israeli and Chinese investors (2018)
EU projects
TriSol System, SME Instrument Phase 1 (2018); Trisol System, EIC Accelerator pilot (2020 to 2024)
Stage
Clinical; no regulatory approval

Where Trisol Stands Now

Trisol is active. The Israeli Corporations Authority's company register, published as open data on data.gov.il, lists Trisol Medical Ltd, company number 515485944, as an active private company incorporated on 12 July 2016, with its last annual report filed for 2026. OpenCorporates shows the same number, active status and registered address. On 21 January 2026 it announced results from its US Early Feasibility Study, in a release distributed by PR Newswire and carried by BioSpace and Kyodo News PR Wire. Twenty-two patients with severe to torrential tricuspid regurgitation, all at high risk for surgery, had been treated through the jugular vein in the neck at five US centres: Piedmont Heart Institute, Vanderbilt, the University of Virginia, Columbia and Cedars-Sinai. That cohort is closed, and the study is now enrolling patients with a new delivery system that enters through the femoral vein in the groin.

The company reported fewer than 5% of patients needing a permanent pacemaker at 30 days, no device migration, and "considerable" reduction of the leak, with improvements at 30 days and 12 months in quality of life, heart failure class, six-minute walk distance and right ventricular function. The release gives no patient-level numbers, and no peer-reviewed paper on the US cohort could be found. The study registration, NCT04905017, last updated in November 2025, lists it as recruiting with an estimated 30 patients, a primary completion date of January 2026 and seven US sites. No site in Europe or Israel is listed there.

"We are very excited to investigate the next phase with its transfemoral delivery system and pivotal trial."

Dr. Pradeep Yadav, Piedmont Heart Institute, in Trisol's press release of 21 January 2026

The Technology: One Leaflet Instead of Three

Most transcatheter heart valves copy the natural three-leaflet design. Trisol's uses a single dome-shaped leaflet on a nitinol frame, which, according to the company's August 2023 release, works like two leaflets and is held in place by anchors along the heart's axis to reduce damage to the conduction system, which is why pacemaker rates matter. The company says the design eliminates the leak while preserving the function of the right ventricle, the pumping chamber that often weakens in these patients.

The first human implant was described in JACC: Case Reports in August 2021: a 71-year-old woman at Rabin Medical Center in Petach Tikva, Israel, received the valve through the internal jugular vein and went home on the sixth day with only trace leakage. The lead author, Dr. Mordehay Vaturi, is Trisol's founder and medical director, which the paper discloses. CORDIS lists this case report as the project's only peer-reviewed publication.

The field has moved on since 2019. Edwards Lifesciences' EVOQUE valve received a CE mark in October 2023 and, on 2 February 2024, became the first transcatheter tricuspid replacement approved by the US FDA, according to Cardiac Interventions Today and HCPLive. Trisol now competes as a later entrant and argues that its pacemaker rate and its results in patients with weak right ventricles set it apart. No head-to-head data exist.

What the EIC Project Promised, and What CORDIS Shows

The EIC project followed a €50,000 SME Instrument Phase 1 grant for a four-month feasibility study, from 1 September 2018 to 31 December 2018, according to CORDIS. That plan already set out the Phase 2 goals: scale up production, start clinical trials and obtain the CE mark.

The Phase 2 project's final periodic report, for the period to 31 January 2024, states that Trisol completed verification, validation and animal testing, received ethics committee approvals and implanted the valve in 17 patients with severe to torrential regurgitation. It concludes that implanting the valve is "safe and feasible" and that right ventricular function improved acutely. In its forward-looking section it still describes the goal as clinical trials "in selected hospitals across Europe and Israel" to collect the evidence "required for CE Mark certification and market launch". In other words, the CE mark trial named in the project objective had not been completed when the 48-month project ended.

  1. Verification, validation and preclinical studyDeliveredAnimal testing and V&V completed, per the CORDIS report.
  2. First-in-human studyDeliveredFirst case published in 2021; 17 patients by January 2024.
  3. CE mark clinical trial in EuropeNot achievedNo European trial announced or registered; the clinical programme moved to the US.
  4. CE mark and market launchNot achievedNo approval in any market as of October 2026.
  5. Production scale-upUnverifiedNo public figures on manufacturing capacity.

On time, the record is mixed. The project closed on its scheduled end date, and the human implants it promised happened. The pivotal trial that Trisol said in August 2023 it would start "in 2024", according to Cardiac Interventions Today and the company's release, had not been announced by October 2026; in January 2026 it was still described as a next phase.

The Money

Trisol's financing is mostly undisclosed. In October 2018 it raised $2.7 million from US, Israeli and Chinese investors, according to Globes, which named Dr. Shimon Eckhouse, founder of Syneron and former chairman of Ventor Technologies, as incubator owner and investor, with support from Clalit Health Services and the Israel Innovation Authority.

The equity part of the EIC award did happen. Trisol is listed as "TRISOL MEDICAL" in the EIC Fund's list of invested companies (page 16 of the list). Neither the Fund nor the company has published the amount or the date. The data aggregator Bouncewatch records EIC venture rounds dated October 2019 and 28 July 2023, both of undisclosed size, and a total of $5.10 million across five rounds, made up of the 2018 seed round and the two EU grants (the Phase 1 grant entered at its €71,429 total cost rather than its €50,000 EU contribution). Search summaries of Dealroom's database give $31.43 million across four rounds; that page could not be opened to check it. Neither total is confirmed by the company, and the gap between them is too large to chart.

What could not be verified

The Israeli register's open data gives status, filings and address, but not accounts or staff numbers, so Trisol's revenue, losses, headcount and the size of the EIC Fund's stake could not be checked. Bouncewatch lists 25 employees. The Corporations Authority's filing log records an increase in registered share capital on 28 June 2026 and an allotment of shares on 12 August 2026, which points to new equity in 2026; who invested and how much is not public. Yokneam has three addresses on record: 1 HaOtzma St. in the register, the Tavor Building, entrance 2, in CORDIS, and 7 Ha'kidma St. on the company website. OpenCorporates also lists P.O. Box 128 with postcode 2069202, the postcode CORDIS gives. No source says whether these are the same site.

Why Europe Should Care

Cardiovascular disease causes one in three deaths in the EU, and on 16 December 2025 the Commission adopted the Safe Hearts Plan, which asks every member state to have a national cardiovascular health plan by 2027 and covers treatment and care as well as prevention, according to the European Society of Cardiology and DAIC. Trisol's own CORDIS report counts 2 million Europeans with moderate to severe tricuspid regurgitation, of whom only a small share are operated on.

The European return the project described, a CE mark trial in European hospitals and a European market launch, has not materialised. The trials, the investigators and the first commercial target are now American. EU money helped carry a device into patients; whether European patients get access first, or at all, depends on decisions Trisol has not announced.

What the EIC project promised

Preclinical validation, a first-in-human study and a CE mark trial, leading to a European market launch of a 30-minute catheter procedure.

What the record shows

Preclinical work and first human implants done; 22 patients in a US feasibility study; an EIC Fund stake; no European trial, no CE mark and no pivotal trial yet.

The Verdict

Clinical progress, European goal missed

Trisol did the hard early work the grant paid for: its valve went from animals into patients, and the early US results the company reports are encouraging. But the project's end point was a CE mark trial and European approval, and neither has happened almost three years after the project closed. A larger competitor has meanwhile reached both European and US approval. Trisol's case for its technology now rests on a pivotal trial that has been announced as the next step since 2023.

Trisol Medical has not been asked for comment for this article. It is based entirely on public records, company statements and EU project data, linked throughout.

Industry

HealthMedical devices

Focus
  • Cardiovascular devices
Technologies
  • Catheter technology
  • Shape-memory alloys
Keywords
  • Tricuspid regurgitation
  • Transcatheter valves
  • Heart valves
  • Structural heart procedures

Start with the EIC Accelerator

Expert review for Step 1 and Step 2, suitability assessment and grant screening.

Eureka Network

Eureka Network offers multiple international collaborative R&D programs including Network Projects, Clusters, Eurostars, Globalstars, and Innowwide, with funding ranging from €50K to €6.75M per project depending on the specific program. The network focuses on market-driven innovation and deep-tech development across diverse technology sectors including ICT/Digital, Industrial/Manufacturing, Bio/Medical Technologies, Energy/Environment, Quantum, AI, and Circular Economy. Applicants include SMEs, large enterprises, research organizations, universities, and startups, with Eurostars specifically targeting R&D-performing SMEs.

EIC Transition

EIC Transition provides up to €2.5 million in funding to bridge the 'valley of death' between laboratory research and market deployment, focusing on technology maturation and validation. The program supports single legal entities or small consortia of 2-5 partners including SMEs, start-ups, spin-offs, and research organizations. Technology areas include Health/Medical Technologies, Green/Environmental Innovation, Digital/Microelectronics, Quantum Technologies, and AI/Robotics.

EIC STEP Scale-Up

EIC STEP Scale-Up offers substantial equity investments of €10-30 million for established deep-tech companies ready for hyper-growth and large-scale expansion. The program targets SMEs or small mid-caps with up to 499 employees who have secured pre-commitment from qualified investors. Focus areas include Digital & Deep Tech (Semiconductors, AI, Quantum), Clean Technologies for Net-Zero goals, and Biotechnologies.

EIC Pre-Accelerator

EIC Pre-Accelerator is a pilot program providing €300,000-€500,000 in funding for early-stage deep-tech development and preparation for the EIC Accelerator program. The initiative is exclusively available to single SMEs or small mid-caps from 'Widening countries' to support regional innovation development. The program covers deep-tech innovations across physical, biological, and digital domains.

EIC Advanced Innovation Challenges

EIC Advanced Innovation Challenges is a new pilot program offering €300,000 (Stage 1) and up to €2.5 million (Stage 2) for breakthrough deep-tech solutions through ARPA-style staged funding with demand-side integration. The program targets single entities or small consortia (2-3 partners) including SMEs, start-ups, and research organizations. Focus areas include Physical AI for autonomous robotics and New Approach Methodologies (NAMs) for animal-free biomedical testing, requiring TRL 4 entry with end-user commitment.

EIC Pathfinder

EIC Pathfinder offers up to €3 million for Open calls and up to €4 million for Challenge-based calls to support early-stage research and development with proof-of-principle validation. The program requires research consortia with a minimum of 3 partners from 3 different countries, including universities, research organizations, and SMEs. Technology focus areas include Health/Medical, Quantum Technologies, AI, Environmental/Energy, and Advanced Materials.

EIC Accelerator

EIC Accelerator provides flexible funding options including blended finance (€2.5M grant + €0.5M-€10M equity), grant-only (up to €2.5M), or equity-only arrangements for scale-up and market deployment of breakthrough innovations. The program targets SMEs, start-ups, and small mid-caps with up to 499 employees, with MedTech/Healthcare representing 35% of funded projects. Other technology areas include Biopharma, Energy, AI, Quantum, Aerospace, Advanced Materials, and Semiconductors.

Innovation Partnership

Innovation Partnership facilitates collaborative innovation between public and private sectors with typical funding of €1-5 million per project. The program supports cross-sectoral strategic technologies through public-private partnerships and consortia. Projects focus on addressing societal challenges through collaborative innovation approaches.

Innovation Fund

The EU Innovation Fund provides substantial funding of €7.5 million to €300 million for large-scale demonstration of innovative low-carbon technologies. The program targets clean energy, carbon capture, renewable energy, and energy storage technologies to accelerate the transition to a low-carbon economy. Applicants include large companies, consortia, and public entities capable of implementing large-scale demonstration projects.

Innovate UK

Innovate UK offers various programs with funding ranging from £25K to £10M depending on the specific initiative, supporting business-led innovation, collaborative R&D, and knowledge transfer. The organization funds projects across all sectors with particular focus on emerging technologies and supports UK-based businesses, research organizations, and universities. Programs are designed to drive economic growth through innovation and technology commercialization.

Industrial Partnership

Industrial Partnership provides €2-10 million in funding for industrial research and innovation partnerships focusing on manufacturing, industrial technologies, and digital transformation. The program supports industrial consortia and research organizations in developing collaborative solutions for industrial challenges. Projects aim to strengthen European industrial competitiveness through strategic partnerships.

Eurostars

Eurostars is a joint EU-Eureka program offering €50K-€500K for international R&D collaboration specifically led by SMEs. The program takes a bottom-up approach, accepting projects from all technology fields without predefined thematic restrictions. R&D-performing SMEs must lead the consortium and demonstrate significant R&D activities.

LIFE Programme

The LIFE Programme provides €1-10 million in funding for environmental protection, climate action, and nature conservation projects across the European Union. The program supports environmental technologies, climate adaptation strategies, and biodiversity conservation initiatives. Applicants include public authorities, private companies, NGOs, and research institutions working on environmental and climate challenges.

Neotec

Neotec is a Spanish program offering €250K-€1M in funding for technology-based business creation and development, supporting the growth of innovative Spanish SMEs and start-ups. The program covers all technology sectors and aims to strengthen Spain's technology ecosystem. Funding is specifically targeted at Spanish technology-based SMEs and start-ups to enhance their competitiveness and market presence.

Thematic Priorities

EU Thematic Priorities encompass various programs aligned with EU strategic priorities including green transition, digital transformation, health, and security initiatives. Funding amounts vary based on the specific program and call requirements, with projects designed to address key European challenges. Applicant eligibility varies by specific program and call, with different requirements for different thematic areas.
EIC AcceleratorBeneficiary Deep Dive#Trisol Medical#Trisol System#tricuspid regurgitation#transcatheter valve#medical devices#EIC Fund#Israel
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