Tech Company Financing Transactions
Alimetry Funding Round
GD1, Icehouse Ventures and Olympus participated in a $18 million Series A funding round for Alimetry. The funding round was announced by the company on 10/29/2024.
Transaction Overview
Company Name
Announced On
10/29/2024
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
70 Symonds Street
Auckland, 1010
New Zealand
Auckland, 1010
New Zealand
Phone
Undisclosed
Website
Email Address
Overview
We develop advanced wearable medical solutions that improve gastrointestinal care. Our mission is to decode the gut to transform care. Alimetry was founded in 2019 by co-founders Prof. Greg O'Grady, CEO, and Dr. Armen Gharibans, CTO. This was the result of a collaboration based on a decade of groundbreaking science and engineering from the University of Auckland.
Management Team
Title
Name
Email & Social
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