Iotamotion Completes $12M Series A Raise To Accelerate Commercial Expansion Of Iotasoft® Insertion System
PRIVATEJul 26, 2023
Amount Raised
$12 Million
Round Type
Series A
Iowa CityHealthcareHealth Care
Investors
Research Corporation TechnologiesWayne Wallace, Co Founder And Managing Partner Of Mutual Capital PartnersChristopher Martin, President Of RctNext Level VenturesISA VenturesMutual Capital Partners
Description
iotaMotion, Inc., a leader in developing advanced robotic-assisted systems for cochlear implant surgery, announced today the company has oversubscribed its $12 million Series A capital raise. The company closed the round with support from a select group of venture capital firms, private investors, and current shareholders. The lead investor was Research Corporation Technologies, Inc. (RCT) with participation from Mutual Capital Partners, ISA Ventures, and Next Level Ventures
Who to call at iotaMotion, and when
A new round usually means iotaMotion is about to hire and buy. The teams that reach out first get the meeting.
An alert the day iotaMotion raises, hires an executive or expands, scored against what you sell
The decision-makers there, with verified emails
Who you already know at iotaMotion, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at iotaMotion. With Fundz connected, it knows.
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce★★★★★4.8/5 on G2
Company Information
Company
iotaMotion
Location
4205 White Bear Parkway, Suite 600
Iowa City, Iowa, United States
About
iotaMotion is focused on advancing cochlear implant surgery beyond human capability. Founded by surgeons from the University of Iowa, iotaMotion's first commercial product is the iotaSOFT Insertion System, which slows the cochlear implant electrode array insertion down to 0.1 mm/s to reduce max forces and force variation within the cochlea.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment iotaMotion raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Iowa CityHealthcareHealth Care