Fundz

Openwater raised $100 million from investors including Plum Alley Ventures and Khosla Ventures to advance its hospital-grade technology for diagnosing and treating diseases.

PRIVATEAug 22, 2024

Amount Raised

$100 Million

Round Type

Funding Round

NewarkBiotechnologyHealth CareMedicalMedical Device

Investors

Peter GabrielEsther DysonBold Capital PartnersKhosla VenturesPlum Alley Ventures

Description

Openwater has announced the acceleration of its plans to commercialize a technology platform that utilizes semiconductor physics, light, and sound for medical diagnosis and treatment. The recent funding aims to make advanced medical care accessible worldwide.

Quick answer

Openwater raised $100 Million in a Funding Round round, dated August 22, 2024. Investors: Peter Gabriel, Esther Dyson, Bold Capital Partners, Khosla Ventures and Plum Alley Ventures. Openwater is based in Newark, California, United States.

How much did Openwater raise?
Openwater raised $100 Million in a Funding Round round on August 22, 2024.
Who invested in Openwater?
Peter Gabriel, Esther Dyson, Bold Capital Partners, Khosla Ventures and Plum Alley Ventures are named as investors in this round.
What does Openwater do?
Openwater develops medical technology integrating semiconductor physics, light, and sound to diagnose and treat diseases at the cellular level.
Where is Openwater based and how big is it?
Openwater is based in Newark, California, United States. Fundz records about 11 employees.
Who are the decision-makers at Openwater?
Fundz holds 1 contact at Openwater. 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 Openwater that raised within 45 days of this round, from Fundz verified event records.

  • Innventure raised $11M on October 1, 2024.
  • Nusano raised $115M (Series C) on October 1, 2024.
  • Sparrow BioAcoustics raised $13M (Seed) on September 20, 2024.
  • Neo Medical raised $68M (Series B) on September 17, 2024.
  • Novostia raised $5.9M (Series B) on September 17, 2024.
  • Hyalex Orthopaedics raised $16M on September 17, 2024.

Who to call at Openwater, and when

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

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

Works inside ChatGPT and Claude. Ask who to call at Openwater. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Openwater

Location

Newark, California, United States

About

Openwater develops medical technology integrating semiconductor physics, light, and sound to diagnose and treat diseases at the cellular level. Founded by Mary Lou Jepsen, Openwater aims to make hospital-grade medical care accessible worldwide. The company's platform combines infrared imaging, ultrasound, and electromagnetic fields. Openwater collaborates with leading institutions to validate its technology and drive healthcare innovation. Using open-source principles and consumer electronics manufacturing, Openwater seeks to reduce medical device development time and costs.

AI made execution free. Knowing first is the whole game now.

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

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Openwater's next move

See what Strategic adds

Openwater 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.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.