Spun out of University of Cape Town, Nisonic hopes to use ultrasound to provide a better method for tracking brain pressure to monitor conditions such as stroke, brain tumours and head trauma.
Nisonic, a Norway-based brain pressure measurement device developer spun out from University of Cape Town, has attracted Kr16m ($2m) in a round backed by independent research and development contractor Sintef, Shifter reported today.
Norwegian government-backed investment unit Investinor also participated in the round, as did life science-focused venture fund manager Hadean Ventures.
Founded in 2017, Nisonic has created a medical device that administers ultrasound through the eye to measure pressure in the brain, a key consideration when monitoring…