Innovestor makes follow-on investment into Monidor, € 1M Series A round lead by Voima Ventures

Innovestor makes a follow-on investment into existing health technology portfolio company Monidor. The company raised 1 million euro for their Series A round lead by new backer Voima Ventures. Voima Ventures joins us and Monidor’s previous backers including Butterfly Ventures and private investors. We made our initial investment into Monidor in early 2019 as they were raising their pre-series A round.

 

Monidor is a Oulu based health-technology company founded in 2015 who specialise in the development of small, smart devices for digital health. Currently, they have developed the Monidrop® infusion monitor, a compact device to help nurses working with patients who need intravenous (IV) therapy. Monidor has high-quality processes and a smooth workflow, following ISO13485 and the FDA medical regulations. Their employees are experts in medical technology, wireless communications, mobile software, and sensor solutions.

Read Voima Ventures press release here.

 

Monidor in the media:

Finnish medtech startup Monidor raises €1 million for infusion therapy device (Tech.eu, published 27.8.2020)

Oululainen terveysteknologian kehittäjä hyötyy koronasta: Tippapussin etävalvonta sai kysyntäpiikin ja miljoonan sijoituspotin (Talouselämä, published 27.8.2020)

Monidor raises standards for infusion therapy with a new device tested in OYS TestLab  (OuluHealth, Published 2.3.2017)

Oululaisyrityksen laite helpottaa sairaanhoitajien työtä ja parantaa turvallisuutta – “eikä potilaiden enää tarvitse aina sietää muiden potilaiden meluamista” (Tekniikka & Talous, Published 4.12.2017)

Oululainen Monidor kehitti tippalaskurin potilaita varten (Kaleva, Published 12.5.2017)

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