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Motif Neurotech startup secures $18.75M initial funding

PRIVATEFeb 14, 2024

Amount Raised

$18.8 Million

Round Type

Series A

HoustonBiotechnologyHealth CareMedicalMedical DeviceMedical Equipment Manufacturing

Investors

Empath VenturesSatori NeuroArboretum Ventures

Description

Motif Neurotech, a start-up founded by Rice professor Jacob Robinson, secured $18.75 million in Series A funding to commercialize a brain stimulator for treatment-resistant depression.

Quick answer

Motif Neurotech raised $18.8 Million in a Series A round, dated February 14, 2024. Investors: Empath Ventures, Satori Neuro and Arboretum Ventures. Motif Neurotech is based in Houston, Texas, United States.

How much did Motif Neurotech raise?
Motif Neurotech raised $18.8 Million in a Series A round on February 14, 2024.
Who invested in Motif Neurotech?
Empath Ventures, Satori Neuro and Arboretum Ventures are named as investors in this round.
What does Motif Neurotech do?
Motif Neurotech is powered by innovations in efficient wireless power and data, unlocking possibilities for new, miniature implants for tissue stimulation and diagnostic readings.
Where is Motif Neurotech based and how big is it?
Motif Neurotech is based in Houston, Texas, United States.
Who are the decision-makers at Motif Neurotech?
Fundz holds 2 contacts at Motif Neurotech, including the Chief Operating Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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

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

  • Protembis GmbH raised $32M (Series B) on March 26, 2024.
  • Flosonics Medical raised $20M (Series C) on March 19, 2024.
  • Spineart raised $21M (Convertible Note) on March 18, 2024.
  • ConKay Medical Systems raised $1.8M (Seed) on March 18, 2024.
  • ConKay Medical Systems raised $1.8M (Seed) on March 18, 2024.
  • Sooma Medical raised $5.4M (Funding Round) on March 12, 2024.

Who to call at Motif Neurotech, and when

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

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Company Information

Company

Motif Neurotech

Location

Houston, Texas, United States

About

Motif Neurotech is powered by innovations in efficient wireless power and data, unlocking possibilities for new, miniature implants for tissue stimulation and diagnostic readings.

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Fundz sees it the moment Motif Neurotech raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsNick H., Chief Operating Officer hiddenSee plans and pricing
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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

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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