NightBalance, a spin-out of Delft University of Technology developing a treatment for obstructive sleep apnoea (OSA), has signed the support of the Netherlands’ largest healthcare payor Achmea for its sleep position trainer (SPT) as the company begins plans for a series B round.

The company previously received backing for an unspecified sum from Thuja Capital and Health Innovation Fund in 2011, which was followed by the commercial launch of its SPT in 2012. The SPT currently sells in 11 European…