Iotamotion Completes $12M Series A Raise To Accelerate Commercial Expansion Of Iotasoft® Insertion System
Amount Raised
$12 Million
Round Type
Series A
Iowa CityHealthcareHealth CareInvestors
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
Quick answer
iotaMotion raised $12 Million in a Series A round, dated July 26, 2023. Investors: Research Corporation Technologies, Wayne Wallace, Co Founder And Managing Partner Of Mutual Capital Partners, Christopher Martin, President Of Rct, Next Level Ventures, ISA Ventures and Mutual Capital Partners. iotaMotion is based in Iowa City, Iowa, United States.
- How much did iotaMotion raise?
- iotaMotion raised $12 Million in a Series A round on July 26, 2023.
- Who invested in iotaMotion?
- Research Corporation Technologies, Wayne Wallace, Co Founder And Managing Partner Of Mutual Capital Partners, Christopher Martin, President Of Rct, Next Level Ventures, ISA Ventures and Mutual Capital Partners are named as investors in this round.
- What does iotaMotion do?
- iotaMotion is focused on advancing cochlear implant surgery beyond human capability.
- Where is iotaMotion based and how big is it?
- iotaMotion is based in Iowa City, Iowa, United States. Fundz records about 42 employees.
- Who are the decision-makers at iotaMotion?
- Fundz holds 2 contacts at iotaMotion. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Healthcare and Health Care around the same time
Companies in the same sectors as iotaMotion that raised within 45 days of this round, from Fundz verified event records.
- Restor3D raised $17M on September 1, 2023.
- Jaguar Health raised $60K (Seed) on September 1, 2023.
- MediBeacon raised $16M on August 31, 2023.
- EDGe Surgical raised $500K (Seed) on August 30, 2023.
- Osteal Therapeutics raised $22M on August 29, 2023.
- LB Pharmaceuticals raised $71M on August 29, 2023.
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
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Funding Insights
What this usually meansiotaMotion raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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