Little Sparrows Technologies, a Woburn, MA-based neonatal medical device startup, raised $3M in Seed funding.
The backers were not disclosed.
The company intends to use the funds to expand operations and development efforts.
Founded in 2013 by Harvard physicians Dr. Donna Brezinski, a neonatologist, and Dr. Gary Gilbert, a hematologist, Little Sparrows Technologies is a medical device startup focused on developing innovative solutions to advance the well-being of newborns worldwide. Its first marketed device, bili-hut™ neonatal phototherapy, enables rapid, effective treatment of neonatal jaundice in hospital and home settings in the US and abroad. It received FDA 510(k) clearance in 2019.
The company also added new board members Douglas A. Treco, PhD, Georgia McGaughey, PhD, and Francis Kim.
Commenting on the news, Donna Brezinski said: “We are extremely fortunate to have assembled a team of world-class board members with proven track records who can offer their deep industry knowledge and strategic insights as we work toward growing our customer base in the US and globally for the benefit of newborns worldwide.”
FinSMEs
09/05/2024