The neuromodulation device maker increased its overall funding to $145m in a round led by Ascension Ventures.

Ascension Ventures, the venture capital representative for several health systems including Ascension Health, led a $77m funding round for US-based neuromodulation device manufacturer Cala Health on Tuesday.

The round also featured Peak6 Strategic Capital, Innovatus Capital Partners, Dolby Family Ventures and all the company’s existing investors, which include pharmaceutical firms Novartis and Johnson & Johnson, internet technology group Alphabet and chipmaker Qualcomm.

Cala produces wearable devices that regulate nervous system activity to treat conditions like essential tremor by stimulating peripheral…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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