- Vibrant, a Yokneam Illit, Israel-based developer of gastrointestinal treatments, held the first closing of a $7.5m Series E funding round
- The round was led by Unorthodox Ventures
- With the investment, Unorthodox Ventures Founding Contrarian Carey Smith, who founded fan and light maker Big Ass Fans, will join Vibrant’s Board of Directors
- Vibrant has developed a non-drug treatment for the increasing number of people who live with chronic constipation and suffer from the common side effects caused by traditional medications
- The company’s drug-free, orally administered vibrating capsule induces bowel movement, and a companion patient app also allows remote monitoring of patients’ condition by physicians
- Once swallowed, the company’s vibrating capsule kickstarts the natural impulses of an intestinal wall to contract, relax and get things moving again
