Michael Afremov
Co-Founder and Investor
Michael R. Afremov
Co-Founder and Chairman of the Board – Arobella Medical, LLC
Michael R. Afremov is a visionary entrepreneur and leader in Minnesota’s medical device industry, dedicated to advancing innovative healthcare technologies. As Co-Founder and Chairman of the Board of Arobella Medical, LLC, he brings decades of experience in medical device development, manufacturing, and commercialization.
Before founding Arobella, Mr. Afremov co-founded AGA Medical Corporation in 1995, where he played a pivotal role in the research and development of the Amplatz septal occluder. This groundbreaking device enabled minimally invasive repair of septal defects—commonly known as “holes in the heart”—eliminating the need for major open-heart surgery and transforming patient care worldwide.
Earlier in his career, Mr. Afremov spent over a decade in product development, manufacturing, and quality control roles with leading medical technology companies, including Biomedicus (Medtronic), Flexmedics Corporation, Novell Biomedical, and Microvena Corporation.
In addition to his work with Arobella Medical, Mr. Afremov is Co-Founder and Chairman of AB Ortho, LLC, and serves as President and CEO of Minnesota Medical Development, Inc. He is also a committed philanthropist, making significant contributions to numerous charities, including the largest single donation ever received by Children’s Hospitals and Clinics of Minnesota.
Born in Saint Petersburg, Russia, Mr. Afremov immigrated to the United States in 1983. Outside of his professional pursuits, he enjoys spending time with his family, practicing kung fu, and studying military history.