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New Zealand startup Alimetry raised $18 million in a Series A2 round led by Kiwi VC GD1 to commercialise its wearable gut health monitoring device for the US market.

PRIVATEOct 29, 2024

Amount Raised

$18 Million

Round Type

Series A

AucklandBiotechnologyHealth CareArtificial IntelligenceMedical DeviceHealth Diagnostics

Investors

Icehouse VenturesAmerican Gastroenterological Association Gi Opportunity FundOlympus Innovation VenturesGd1

Description

Alimetry has raised US$18 million (A$27m) in a Series A2 round to further develop its wearable gut health monitoring device. This funding will support the company's efforts to enter the US market with its innovative technology that improves gut health diagnostics.

Quick answer

Alimetry raised $18 Million in a Series A round, dated October 29, 2024. Investors: Icehouse Ventures, American Gastroenterological Association Gi Opportunity Fund, Olympus Innovation Ventures and Gd1. Alimetry is based in Auckland, Auckland, New Zealand.

How much did Alimetry raise?
Alimetry raised $18 Million in a Series A round on October 29, 2024.
Who invested in Alimetry?
Icehouse Ventures, American Gastroenterological Association Gi Opportunity Fund, Olympus Innovation Ventures and Gd1 are named as investors in this round.
What does Alimetry do?
Alimetry was founded in 2019 with the goal of making gut health accessible to everyone.
Where is Alimetry based and how big is it?
Alimetry is based in Auckland, Auckland, New Zealand. Fundz records about 56 employees.
Who are the decision-makers at Alimetry?
Fundz holds 5 contacts at Alimetry. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical Device and Health Diagnostics around the same time

Companies in the same sectors as Alimetry that raised within 45 days of this round, from Fundz verified event records.

  • Ligence raised $3.2M (Seed) on November 13, 2024.
  • Definition Health raised $7.4M (Pre-Seed) on October 31, 2024.
  • Scalpel AI raised $4.8M (Seed) on October 31, 2024.
  • Raidium raised $13M (Seed) on December 2, 2024.
  • Chiron Health AI raised an undisclosed amount (Pre-Seed) on November 22, 2024.
  • OneCell Diagnostics raised $16M (Series A) on November 21, 2024.

Who to call at Alimetry, and when

A new round usually means Alimetry is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Alimetry raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Alimetry, from your own LinkedIn network

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Company Information

Company

Alimetry

Location

Auckland, Auckland, New Zealand

About

Alimetry was founded in 2019 with the goal of making gut health accessible to everyone. The company was founded on a background of world-leading science in gastrointestinal diseases. With offices in the United States and New Zealand, Alimetry is dedicated to improving the lives of patients by delivering innovative medical solutions to advance GI diagnostics and enable targeted therapies.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Alimetry raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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