Health

Devicemaker MicroTransponder raises $53M and extra digital well being fundings



Medical devicemaker MicroTransponder wrapped up a $53 million Collection E funding spherical led by US Enterprise Companions.

The elevate additionally included participation from GPG Ventures, Exceller Hunt Ventures, Osage College Companions, Motion Potential Enterprise Capital and the Vertical Group. The corporate mentioned it can use the capital to commercialize its Vivistim vagus nerve stimulation system, an implantable system that goals to enhance hand and arm mobility in stroke sufferers.

“Our buyers are energized by MicroTransponder’s imaginative and prescient to allow therapy for the hundreds of thousands of stroke survivors which have ongoing reasonable to extreme higher limb impairment. Our aim has all the time been to determine Vivistim Paired VNS because the gold-standard stroke rehabilitation intervention. At the moment is the day this remedy may help extra stroke survivors get again to the each day actions, hobbies and experiences they love,” CEO and director Richard Foust mentioned in a press release.


Oma Fertility emerged from stealth final week with $37.5 million, together with $29 million in fairness and one other $8.5 million in debt financing.

The seed and Collection A rounds have been led by JAZZ Enterprise Companions, Root Ventures, Mithril Capital, International Asset Capital and Free Solo Ventures. The debt facility got here from Silicon Valley Financial institution. The fertility startup’s first product is geared toward figuring out the healthiest sperm to enhance IVF outcomes. 

“Oma Fertility is capitalizing on the chance to convey modern technological developments to the fertility area, assembly the calls for of rising infertility charges,” cofounder and CEO Gurjeet Singh mentioned in a press release. “Our mission is to enhance outcomes for extra households dealing with fertility points and we attempt to create a spot the place everybody in search of to have a baby has entry to probably the most superior, profitable fertility therapies.”


Payer-focused healthcare information startup Abacus Insights scooped up $28 million in Collection C funding, bringing its complete elevate to $81 million. 

The spherical was led by MultiPlan Company with participation from Blue Enterprise Fund, CRV, .406 Ventures, Horizon Healthcare Companies Inc. and Echo Well being Ventures. Abacus raised $35 million in Collection B funding in 2020.

It plans to make use of the funding to develop its enterprise, enhance on its platform and rent extra staffers.

“This new funding validates our firm’s mission, which is to assist well being plans liberate well being information,” CEO and founder Dr. Minal Patel mentioned in a press release. “Doing so empowers customers to make higher well being selections and physicians to make extra knowledgeable therapy selections. Payors additionally use the platform to drive effectivity of their enterprise which additional lowers prices for his or her members. We’re proud to companion with MultiPlan given their management place in information and analytics serving almost each payor within the nation.”


Self-pay healthcare market Sesame raised $27 million in a Collection B spherical led by GV.

Virgin Group, TeleSoft Companions, FMZ Ventures, Basic Catalyst, Trade Ventures, Coefficient Capital, Large Ventures and Alumni Ventures Group additionally participated within the elevate. Sesame plans to make use of the capital to develop the startup and launch its subscription program out of beta.

“Sesame supplies larger entry to healthcare for a significant proportion of the inhabitants, and we’re impressed by the corporate’s mission to drive higher affected person outcomes for underserved communities,” Cathy Friedman, govt enterprise companion at GV, mentioned in a press release.

“Sesame presents a compelling alternative to develop a dynamic market at a scale not like any within the present U.S. healthcare ecosystem. We’re thrilled to companion with David Goldhill and your entire Sesame crew as they transfer into this subsequent part of progress.”



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