Tech Company Financing Transactions
Acurable Funding Round
Acurable, operating out of London, raised $10.9 million in investment from Kibo Ventures, Comprador Holdings and Kindred Capital.
Transaction Overview
Company Name
Announced On
10/3/2022
Transaction Type
Venture Equity
Amount
$10,870,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to build out its distribution network to launch its home sleep testing device AcuPebble SA100 across major European markets and in North America, and invest in its development program for new products based on AcuPebble technology that will help simplify the diagnosis and management of other respiratory and cardiovascular conditions.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
25 Wilton Rd
London, SW1V 1LW
UK
London, SW1V 1LW
UK
Phone
Undisclosed
Website
Email Address
Overview
Acurable is a venture-backed, fast growing, medical devices company, with offices in London and Seville. We create accurate, but very user-friendly, wearable medical devices intended to be used by patients themselves at home. Our first family of products is called AcuPebble®. AcuPebble products are based around innovative wearable acoustic sensors, which are able to continuously sense information-rich patient biosignals. Sophisticated, product-specific signal processing algorithms analyse these signals, and extract disease-related biomarkers. These biomarkers are also automatically interpreted, leading to either a diagnostic or a disease management output.
Management Team
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