December 2022 pre-seed announced March 2023 · Healthtech

Opto Biosystems announces £1.85m pre-seed led by Blackbird

The company, now known as Coherence Neuro, disclosed its December 2022 financing in March 2023.

Opto Biosystems publicly announced £1.85 million in pre-seed funding on March 7, 2023. The financing closed in December 2022 and was led by Blackbird Ventures, with participation from Possible Ventures, Wayve co-founder Amar Shah and other investors.

The team planned to expand and advance minimally invasive implantable neurotechnology toward clinical use, aiming to give clinicians tools for hard-to-treat diseases. The business subsequently became Coherence Neuro, developing systems that combine electrical sensing and stimulation.

Use of funds

Team expansion

Translation of implantable neurotechnology toward clinical use

Funding history

December 2022 pre-seed announced March 2023 · This round£1.9M
Cancer Tech Accelerator grant disclosed August 2022£70K

Sources

  1. Opto Biosystems publicly announces GBP1.85m preseedlinkedin.com · Mar 7, 2023
  2. linkedin.com