Aktiia Raises $17.5M in Series A Funding
- Aktiia, a Neuchatel, Switzerland-based developer of a wearable blood-pressure monitoring system, raised $17.5M in Series A funding
- The round was led by UK-based Draper Esprit and included Redalpine, 415 Capital, Verve Ventures and US-Based Translink Capital
- The company intends to use the funds to expand its commercial presence in Europe and within the healthcare sector, and to obtain FDA clearance
- The company provides a continuous Optical Blood Pressure Monitoring System which collects user blood pressure data while worn on wrists
- This data provides patients and doctors insights for the diagnosis and treatment of hypertension, the leading global cause of premature adult deaths
- After receiving the CE mark, the company is currently experiencing accelerated sales growth across Europe
