Cala Health Raises $50M for Wearable Tremor Treatment | StartUp Health Insights: Week of Dec 10, 2024
StartUp Health December 10, 2024
StartUp Health company Cala Health’s products are the only FDA-cleared, clinically validated noninvasive devices for the relief of hand tremors, allowing patients with essential tremor to return to the moments that matter. This new funding will propel Cala’s commercialization trajectory, notably with the recent positive Medicare Coverage Determination for Cala TAPS™ (Transcutaneous Afferent Patterned Stimulation) Therapy.
Cala Health, a San Mateo, CA-based non-invasive bioelectronic medicine company in the StartUp Health community, raised $50M led by Vertex Growth Fund and Nexus NeuroTech Ventures, with participation from Action Potential, Johnson & Johnson, Lightstone, Lux, GV (Google Ventures), OSF Ventures, Ascension Ventures, TriVentures, Reimagined Ventures, Peak6, and Fiscus. source>
Other health innovation funding reported this week included:
Cleerly, a Denver, CO-based AI-powered cardiovascular...