OtoNexus Medical Technologies

company

About

OtoNexus Medical Technologies commercializes a patented medical device designed to diagnose middle ear infections.

  • 11 - 50

Details

Last Funding Type
Grant
Last Funding Money Raised
$225K
Industries
Health Care,Health Diagnostics,Medical,Medical Device
Founded date
Dec 28, 2010
Number Of Employee
11 - 50
Operating Status
Active

OtoNexus Medical Technologies commercializes a patented medical device designed to diagnose middle ear infections in children and adults. It will allow clinicians to accurately identify viral vs. bacterial infection and determine whether an antibiotic is appropriate. The device applies a well-known medical technology, ultrasound, in a completely novel way to achieve a key advance in the detection of otitis media. One-use-per-patient tips create a recurring revenue stream. The device will provide data in seconds and will be easy to use by physicians or non-physician personnel (NPs, PAs).

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$8.44M
OtoNexus Medical Technologies has raised a total of $8.44M in funding over 2 rounds. Their latest funding was raised on Sep 30, 2019 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 30, 2019 Private Equity(PE) $5M 1 Detail
Mar 19, 2019 Grant $718.10K 1 National Science Foundation Detail
Jul 16, 2018 Convertable Note $2.50M 1 Detail
Jul 10, 2017 Grant $225K 1 National Science Foundation Detail

Investors

Number of Lead Investors
Number of Investors
2
2
OtoNexus Medical Technologies is funded by 2 investors. National Science Foundation and Keiretsu Forum are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant
Keiretsu Forum Private Equity(PE)