Gilde Healthcare Partners leads a $17m series D round for iWalk using its healthcare fund set up in partnership with minority stakeholder Royal Philips Electronics, a Netherlands-based technology conglomerate.
Personal bionics company iWalk has closed a $17m series D round of financing led by Gilde Healthcare Partners which deployed it’s Philips-backed healthcare investment fund. Existing investors WFD Ventures, General Catalyst Partners, and Sigma Partners also participated in the the round.
Geoff Pardo, partner at Gilde Healthcare Partners, will also join iWalk’s board of directors.
Massachusetts based iwalk, founded in 2006 by MIT researcher Hugh Herr, fabricates neurologically operated prosthetic limbs using their proprietary BiOM technology. The company says the…
