Onera Health raises US$32m in Series C round
Sleep diagnostics specialist Onera Health NV has closed a €30m (US$32m) Series C financing round co-led by EQT Life Sciences and Gimv.
Existing investors Innovation Industries, Invest-NL, imec.xpand, BOM, and 15th Rock participated in the financing of Onera Health (Eindhoven) along with EQT Life Sciences and Gimv that co-led the round. .The funding round brings Onera Healths total investment to date to more than €55 million.
The company said it will use the proceeds to accelerate manufacturing and deployment plans to meet growing customer demand for its sleep diagnostics and monitoring device. Furthermore, the company intends to use the funds to expedite the clearance of the second generation of its polysomnography (PSG) system in Europe and the United States.
As part of this transaction, Drew Burdon and Michaël Vlemmix will join Onera Healths Board of Directors.
