Fundz

Cala Health Raises $77M To Expand Patient Access And Fuel Continued Innovation

PRIVATENov 16, 2021

Amount Raised

$77 Million

Round Type

Funding Round

San MateoManufacturingHealthcareHealth Care

Description

Cala Health, the bioelectronic medicine leader setting a new standard of patient care for chronic disease, today announced $77 million in new financing led by Ascension Ventures. New investors Dolby Family Ventures; PEAK6 Strategic Capital, a division of PEAK6 Investments; and Innovatus Capital Partners joined the round as did all existing investors. The funds will help Cala Health expand patient access and accelerate innovation, opening opportunities to explore indications beyond essential tremor, including other neurological indications like Parkinson’s disease as well as targets in psychiatry, cardiology and autoimmune disorders.

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Company Information

Company

Cala Health

Location

1800 GATEWAY DRIVE

San Mateo, California, United States

About

Cala Health is a bioelectronic medicine company transforming the standard of care for chronic disease. The company’s wearable neuromodulation therapies merge innovations in neuroscience and technology to deliver individualized peripheral nerve stimulation. The first indication for Cala Health’s wearable therapy is essential tremor, a disease experienced by more than seven million people and characterized by severe hand tremors. New therapies are under development in neurology, cardiology, and psychiatry. The company is headquartered in the San Francisco Bay Area and backed by leading investors in both healthcare and technology.

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Cala Health 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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