Respira Labs, a medical technology company specializing in respiratory care, which first unveiled its product to the world last year, successfully raised $1 million in funding and an additional $1.8 million in grants to continue building its acoustic resonance technology to assess lung function and changes therein. Tracking both is a critical aspect for patients with COVID-19, COPD, asthma and other lung afflictions.
The pre-seed round was led by Latin America-focused biotech investor Zentynel Frontier Investments, with participation from academic incubation investors VentureWell, mission-driven impact investor ImpactAssets and a few additional angels from the United States and Latin America. On top of the investment raised, the company was awarded an additional $1.8 million in grants from Small Business Innovation Research (SBIR), National Science Foundation (NSF) and National Institutes for Health (NIH).
The company has feasibility trials underway with 30 patients across Florida and California, and the company is working to obtain FDA clearance …
