6 years ago
Signifier Medical Technologies Secures Series B Funding for Sleep Disorder Solutions
Signifier Medical Technologies, a London-based sleep disordered breathing company, closed a Series B funding round led by The Pritzker Organization, with participation from the family office of Robert Parkinson Jr and existing investors
The company has raised over $13 million since its founding in 2015
The funds will be used to accelerate clinical trials, complete FDA approval, expand product range, and grow the team.
ProblemHealthcare
"Millions of people suffer from snoring and mild obstructive sleep apnoea (OSA) which can disrupt their sleep and negatively affect their health and quality of life."
Solution
"Signifier Medical Technologies has developed a non-invasive neurostimulation device called Snoozeal that uses gentle electrical impulses to stimulate specific nerves in the tongue to prevent airway collapse and reduce snoring and mild OSA."