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Wavegate Corporation raised $26M in a Series A funding round led by UCEA Capital Partners Ltd. to accelerate the development of their Ellipse™ platform for chronic pain solutions.

PRIVATEDec 11, 2024

Amount Raised

$26 Million

Round Type

Series A

Lake CharlesBiotechnologyHealthcareHealth CareMedical Device

Investors

UCEA Capital Partners Ltd.

Description

Wavegate Corporation has secured a $26 million Series A funding round led by UCEA Capital Partners Ltd. This financing will enhance the development of their cutting-edge Ellipse™ technology aimed at providing solutions for chronic pain patients.

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

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

  • Outset Medical raised $3.9M (Seed) on January 3, 2025.
  • Zenflow raised $19M on November 1, 2024.
  • Vessl Prosthetics raised an undisclosed amount (Pre-Seed) on January 24, 2025.
  • Sycai Medical raised $3.1M (Seed) on January 23, 2025.
  • SVASTEK raised $231K (Seed) on January 23, 2025.
  • MED-X raised $428K on January 23, 2025.

Who to call at Wavegate, and when

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

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

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Company Information

Company

Wavegate

Location

Lake Charles, Louisiana, United States

About

Wavegate Corporation is focused on developing innovative therapeutic solutions for chronic pain patients through advanced neuromodulation technology. Their proprietary Ellipse™ platform utilizes StimuLux™ technology, enabling real-time adaptive stimulation based on spinal cord movement. The technology has received FDA Breakthrough Device designation, indicating its potential to significantly enhance pain management. Wavegate aims to improve patient outcomes by offering consistent pain relief tailored to individual activities.

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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

Wavegate 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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