Tech Company Financing Transactions

Openwater Funding Round

Openwater, based in San Francisco, scored $54 million from Bold Capital Partners, Khosla Ventures and Plum Alley Investments.

Transaction Overview

Company Name
Announced On
8/22/2024
Transaction Type
Venture Equity
Amount
$54,000,000
Round
Undisclosed
Proceeds Purpose
Openwater is enabling collaboration via open source development and sharing of safety data to reduce cost and speed rapid development and regulatory approval of new technologies.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
733 Front Street C1A
San Francisco, CA 94111
USA
Phone
Undisclosed
Email Address
Overview
We're pioneering the use of infrared and ultrasound to safely and effectively treat the world's most devastating diseases. Openwater was founded in 2016 to explore an idea: What if advancements in fields as diverse as consumer electronics, semiconductor device physics, and artificial intelligence could come together for a future where the profound act of curing disease becomes a reality for all, transcending borders and transforming the course of human health. ?The world of healthcare diagnostics and therapeutics could be transformed the way that semiconductors and software have transformed everything else. This is no dream: 7 years into the journey of starting Openwater we now have strong clinical feasibility data that could lead to products which diagnose and treat a spectrum of diseases, from aggressive cancers to mental health disorders and debilitating strokes and beyond touching on treatments for COVID/long COVID, stimulating stem cells, and rejuvenation of senescent cells.
Profile
Openwater LinkedIn Company Profile
Social Media
Openwater Company Twitter Account
Company News
Openwater News
Facebook
Openwater on Facebook
YouTube
Openwater on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mary Jepsen
  Mary Jepsen LinkedIn Profile  Mary Jepsen Twitter Account  Mary Jepsen News  Mary Jepsen on Facebook
Chief Technical Officer
Soren Konecky
  Soren Konecky LinkedIn Profile  Soren Konecky Twitter Account  Soren Konecky News  Soren Konecky on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/22/2024: Thera venture capital transaction
Next: 8/22/2024: Magie venture capital transaction

 

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We do our best to document funding rounds that are announced publicly. All VC database entries reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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