Corporate-backed EarlySense has closed a $25m funding round led by financial services firm Bank Hapoalim and backed by a range of existing investors.

EarlySense, an Israel-based patient monitoring technology producer backed by corporates including diversified conglomerate Mitsui, closed a $25m funding round yesterday led by financial services provider Bank Hapoalim.

The round also featured Pitango Venture Capital, JK&B Capital and other existing, unnamed shareholders.

EarlySense has created a monitor that is placed under a mattress to offer early detection of a patient’s deteriorating condition. The company is also aiming the device at the wellness sector, where the technology can be used to improve…