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EBT Medical
EBT Medical is a clinical-stage startup developing disruptive neuromodulation therapies for pelvic health disorders
About EBT Medical
EBT Medical, a clinical-stage company founded in 2014, is focused on developing neuromodulation technologies to address pelvic health disorders. The company originated from scientific discoveries at the University of Toronto. The founders are Professor Paul Yoo, who serves as President and Chief Scientific Officer, and Dr. Sasha John, the Chief Innovation Officer. Professor Yoo's research background is in neuromodulation for conditions including lower urinary function, while Dr. John is an entrepreneur and inventor with extensive experience in neurostimulation and data assessment. Keith R. Carlton, an executive with over 20 years in the medical device field, including roles at Medtronic and Boston Scientific, leads the company as CEO.
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The company's business model centers on creating and commercializing non-invasive medical devices for a market that currently relies on pharmaceutical or more invasive therapies. EBT Medical has secured $10 million in a Series A funding round, co-led by SV Health Investors and Genesys Capital, to advance its technology and pursue clinical data for safety and effectiveness. The firm's primary product under development is the NiNA™ (Noninvasive Neuromodulation Assistant) system, designed to treat overactive bladder (OAB). This system utilizes a proprietary and patented approach targeting the Saphenous nerve.
The NiNA™ device is a wearable neurostimulator placed on the patient's upper calf for daily 30-minute sessions. It operates through noninvasive Saphenous Neuromodulation (nSAFN) therapy. The system includes the NiNA Care™ mobile application for both iOS and Android, which connects to the device via Bluetooth. This app allows patients to control their therapy sessions and provides a platform for data collection to support ongoing clinical trials. The entire ecosystem is designed to offer a discreet treatment alternative without the side effects associated with traditional OAB therapies. As a clinical-stage company, the NiNA system is currently in development and has not yet received market authorization for sale.
At a glance
- Status
- Operational
- Founded
- 2014
- Headquarters
- Toronto, Canada
- Employees
- 11
- Open positions
- None listed
- Dealroom signal
- 65.0/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, DT and LS, science-based
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning EBT Medical.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Nov 2019 | $10M | $40M | SV Health Investors · Genesys Capital | — |
| GRANTOther financing | Oct 2018 | $100K | — | MassChallenge | — |
Growth signals
Latest recorded traffic for EBT Medical is 1.8K monthly website visits, up 93.5% over the last three months. EBT Medical's team declined 8.3% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Canadian Institutes of Health Research
Natural Sciences and Engineering Research Council of Canada (NSERC)
BioEnterprise- AGAGE-WELL
Ontario Bioscience Industry Organization
MassChallenge
Series A2 investors entered at this stage
SV Health Investors
Genesys Capital
Other known investors2 additional known investors
University of Toronto
BDC Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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