Last deal

$23M

Amount

Series C

Stage

28.11.2013

Date

3

all rounds

$64.82M

Total amount

date founded

Financing round

General

About Company
Sapiens Steering Brain Stimulation specializes in personalized brain stimulation for neurological disorders.

Industry

Sector :

Subsector :

founded date

31.05.2011

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

Sapiens develops a high-resolution and MRI-compatible Deep Brain Stimulation (DBS) system that aims to improve patient comfort and therapeutic outcomes. Their SureSuite products provide an integrated solution for planning and programming optimal DBS treatments. Sapiens' technology allows for precise steering of stimulation currents to the intended target area, reducing side-effects. In 2014, the company was acquired by Medtronic for approximately $200M, leading to the establishment of a global research and development center for Neuromodulation at Sapiens' facility in Eindhoven, the Netherlands.
Contacts
Similar Companies
998
Pins Medical

Pins Medical

PINS Medical manufactures neuromodulation devices for neurological disorders.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Location

Beijing, China

total rounds

2

count Of Investments

3
Neuroone Medical Technologies

Neuroone Medical Technologies

NeuroOne Medical Technologies Corporation develops hi-definition, minimally invasive solutions for neurological disorders.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical, Medical Device

Location

Eden Prairie, MN, USA

total rounds

17

total raised

$50.68M
MyndMove

MyndMove

MyndMove an innovative, non-invasive functional electrical stimulation (FES) based neurorehabilitation therapy.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Location

Mississauga, ON, Canada

total rounds

3

total raised

$1.73M
Saluda Medical

Saluda Medical

Saluda Medical is a global company that develops closed-loop neuron modulation devices to treat chronic neuropathic pain.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Artificial Intelligence, Medical

Location

Artarmon NSW 2064, Australia

total rounds

6

total raised

$399.53M
M&A Details
1

Transaction name

Acquired by

Medtronic

announced date

26.08.2014

price

$200M

Financials

Funding Rounds
4
3

Number of Funding Rounds

$64.82M

Money Raised

Their latest funding was raised on 28.11.2013. Their latest investor Life Sciences Partners. Their latest round Series C

Date 
Funding Round 
Investors 
Money Raised 
Lead 
26.02.2013
1
$9.81M
Local Amount - EUR 7.5M
28.11.2011
3
$13.32M
Local Amount - EUR 10M
Gilde Healthcare

Gilde Healthcare

Gilde Healthcare is a European healthcare investor that specializes in lower mid-market buyouts and later stage venture.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Health Care, Venture Capital, Financial Services

Location

Utrecht, Netherlands

count Of Investments

87

count Of Exists

22
Janke Dittmer

Janke Dittmer

Janke Dittmer is responsible for Gilde’s European healthtech investment activities. Prior to Gilde, Janke was a Venture General Manager and head of business development at Philips's Corporate Venturing unit. He also served as Engagement Manager at McKinsey, advising clients on growth strategies and cofounded a Nanotech company in the Silicon Valley. He worked as a Fellow at LBL/UC Berkeley after earning a PhD in Physics from the University of Cambridge.

current job

Invest Europe - formerly EVCA
Invest Europe - formerly EVCA

count Of Investments

1

count Of Exists

1
Inkef

Inkef

Inkef is a venture capital firm that invests in European technology and healthcare companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

Location

Amsterdam, Netherlands

count Of Investments

77

count Of Exists

13
Wellcome Trust

Wellcome Trust

Wellcome is a global charitable foundation supporting science to improve health.

Sector

Health Care Providers

Subsector

Health Care Services

Location

London, UK

total rounds

1

total raised

$1.06B

count Of Investments

88

count Of Exists

28
Co-Investors
Investors
9
6

Number of lead investors

9

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Series A
Yes
Series A
Life Sciences Partners

Life Sciences Partners

LSP is a leading European investment firm that finances private and public life-science companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Biotechnology, Financial Services, Finance

Location

Amsterdam, Netherlands

count Of Investments

142

count Of Exists

29
Wellington Partners

Wellington Partners

Wellington Partners is a venture capital firm that invests in technology and life sciences companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Biotechnology

Location

Munich, Germany

count Of Investments

205

count Of Exists

54
Andera Partners

Andera Partners

Andera Partners is a venture capital firm that invests in various sectors.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital

Location

Paris, France

total rounds

1

total raised

$48.5M

count Of Investments

167

count Of Exists

39

People

Founders
3
Sjaak Deckers
Sjaak Deckers

Sjaak Deckers

current job

Microsure
Microsure

organization founded

2

Sjaak Deckers

Hubert Martens
Hubert Martens

Hubert Martens

Hubert Martens is the CEO and Founder of Salvia BioElectronics. Hubert attended Leiden University.

current job

Salvia BioElectronics
Salvia BioElectronics

organization founded

2

Hubert Martens

Michel Decre

organization founded

1

Michel Decre

Activity

Recent News
0