
Exclusive: SoundHealth raises $12.25M to commercialize its nasal wearable
SoundHealth, which makes a wearable device for sinus congestion, raised a $12.25 million Series A, CEO Paramesh Gopi tells Axios Pro exclusively.
The big picture: Medtech VC funding has grown increasingly selective, favoring later-stage companies with clearer clinical and commercial paths.
How it works: The San Francisco-based company makes an FDA-approved, non-invasive device for nasal congestion and sleep problems.
Follow the money: ShangBay Capital led the Series A, which SoundHealth plans to use to expand commercialization and increase adoption.
Zoom out: Medical device manufacturers are incorporating AI into products at a growing rate, expanding beyond administrative and engagement tasks.
What's next: Gopi says the company also plans to pursue additional indications in 2027, including mental health conditions.