Monday, October 25, 2021

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Vibrant: Raises $7.5M in Series E Funding

  • 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
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