Sapiens walks to similar investors

Dec 26, 2011 • James Mawson

UK-based medical foundation Wellcome Trust, and US peer Michael J Fox Foundation, along with Dutch state-backed Agentschap, provided the money to help Sapiens develop its technology for treating Parkinson's disease and other brain disorders.

Sapiens Steering Brain Stimulation, a Netherlands-based medical technology company spun off from local conglomerate Royal Philips Electronics earlier this year, has raised €10m ($15m) in equity and grants from quasi-corporate venturing backers.

Agentschap provided…

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