Acurable raises €11M to increase at house sleep apnea testing machine internationally

Acurable, a UK-based medical machine firm, introduced it raised €11 million ($10.8 million) in a Sequence A funding spherical led by Kibo Ventures. 

Mundi Ventures, Comprador Holdings and Kindred Capital participated within the elevate.

The corporate will use the funds to speed up the worldwide growth of its first house sleep testing machine, the AcuPebble SA100, which allows customers to detect and monitor obstructive sleep apnea.

Acurable can even develop new merchandise for continual obstructive pulmonary illness (COPD), bronchial asthma and cardiovascular situations. 

The AcuPebble SA100 was launched within the UK and Spain in 2021. The corporate is trying to scale throughout the two international locations and increase in Europe and North America.

The machine obtained a CE mark in Europe for the automated analysis of OSA at house. Final yr, it obtained FDA 510(okay) clearance within the U.S. to sense, file and interpret physiological indicators, like a affected person’s respiratory sample, whereas they sleep to prescreen for OSA.

MARKET SNAPSHOT

A number of firms present at-home sleep apnea diagnostic testing choices, together with Israeli-based Itamar Medical, which broadened the capabilities of its at-home sleep apnea diagnostic testing line in 2021.

Its WatchPAT system attaches to a person’s index finger, chest and wrist, measuring and recording peripheral arterial (PAT) sign, coronary heart charge, oximetry, actigraphy, physique place, loud night breathing and chest movement to determine occasions of sleep apnea.

In 2021, it expanded its capabilities with SleePath, permitting customers to doc subjective information from its take a look at straight into the linked app, offering physicians a fuller image by way of self-reports and sleep research metrics. 

In 2020, ResApp launched SleepCheck, an at-home sleep apnea screening app, and that very same yr French agency Withings launched Sleep Analyzer, an under-the-mattress sleep-tracking mat that can be utilized to detect sleep apnea.