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Paperplane Therapeutics raised $1.5M in a funding round led by Glen Ventures to develop virtual reality solutions for treating pain and anxiety.

Feb 18, 2025•10 months ago

Amount Raised

$1.5 Million

Round Type

seed

GranbyMedicalBiotechnologyHealth Care

Investors

Aventure CapitalAnges QuébecCedars Sinai Intellectual Property CompanyCabhi (Centre For Aging + Brain Health Innovation)Investissement QuébecGouvernement Du QuébecGlen Ventures

Description

Paperplane Therapeutics has secured $1.5 million to enhance patient experiences in pain and anxiety management through innovative virtual reality technology. The funding will focus on addressing challenges in the North American dental market.

Company Information

Company

Paperplane Therapeutics

Location

Granby, Quebec, Canada

About

Paperplane Therapeutics designs and markets worldwide therapeutic virtual reality experiences aimed at reducing pain and anxiety in patients undergoing medical and dental procedures. Our therapeutic solutions are turnkey, adaptive, scientifically validated and equipped with user data analysis tools.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers