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Neteera has achieved another milestone in revolutionizing healthcare by securing an impressive $6.7 million Series B Extension to further advance Neteeraโ€™s Contactless Remote Patient Monitoring Platform. This follows the $ 13 million B-round Series B that was closed in April. Thus, a total of $ 19.7 million was raised.

Neteera leapfrogged ahead of the competition with the worldโ€™s first FDA-cleared sub-THz radar for contactless monitoring of vital signs of patients in hospitals and nursing homes. The remote patient monitoring solution enables continuous, contactless, passive monitoring of vital signs and bio-data, such as heart rate, respiration rate, respiration depth, and inhale-exhale ratio. Basically, it is a small device that monitors vital signs from five feet away and eliminates the need to undress or be hooked up to anything. The device senses through clothing and bedding.

The information is gathered via API withย Neteeraโ€™sย cloud data management and analysis solution that improves workflow efficiency by providing seamless data with no stress, no device manipulation, or maintenance.ย Neteera โ€™s cloud platform integrates into facilitiesโ€™ EHR/EMR system. The Neteeraย patient monitoring system can be used in hospitals, outpatient care facilities, nursing homes, or at home.

It is expected to improve patient care while improving significantly staff productivity, by automating patient monitoring and providing analytics for medical professionals.

๐Š๐ž๐ฒ ๐‡๐ข๐  ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

๐Ÿ’ก ๐€๐ž๐ฌ๐œ๐ฎ๐ฏ๐ž๐ฌ๐ญ ๐š๐ง๐ ๐…๐จ๐ฑ๐œ๐จ๐ง๐ง ๐‹๐ž๐š๐ ๐ญ๐ก๐ž ๐‘๐จ๐ฎ๐ง๐:
The round was led by Aescuvest, a renowned healthcare investment firm, alongside Foxconn Technology Co., Ltd. (FTC), an associate of the Taiwanese Hon Hai Precision Industry Co., Ltd., the largest electronics manufacturer globally.

๐ŸŒ ๐†๐ฅ๐จ๐›๐š๐ฅ ๐‚๐จ๐ฅ๐ฅ๐š๐›๐จ๐ซ๐š๐ญ๐ข๐จ๐ง:
Partnering with Foxconn Technology Group, the world’s leading company and powerhouse in the electronics manufacturing market, will further boost Neteeraโ€™s international growth. Cooperation to produce Neteeraโ€™s products is already underway, with further business and technology collaborations in the pipeline.

๐ŸŒŸ ๐“๐ก๐ซ๐ข๐ฏ๐ข๐ง๐  ๐€๐ ๐š๐ข๐ง๐ฌ๐ญ ๐ญ๐ก๐ž ๐Ž๐๐๐ฌ:
In the face of challenging market conditions and VC funding slowdowns, Neteera has not only persevered but thrived. The startupโ€™s big pull is its proven product-market fit for a globally applicable problem, coupled with essential regulatory approvals, such as the FDA stamp.

๐Ÿฅ ๐๐ซ๐จ๐ฏ๐ž๐ง ๐๐ซ๐จ๐๐ฎ๐œ๐ญ-๐Œ๐š๐ซ๐ค๐ž๐ญ-๐…๐ข๐ญ:
Neteera‘s Contactless Remote Patient Monitoring Platform has demonstrated its undeniable need, addressing a universally relevant problem in healthcare. The platform is designed to transform patient care, providing a safe, efficient, and effective way to monitor patients remotely.

๐Ÿ“‘ ๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ๐ฒ ๐€๐ฉ๐ฉ๐ซ๐จ๐ฏ๐š๐ฅ๐ฌ: Neteera is proud to hold essential regulatory approvals, including from the FDA (510(k) Class II), IEC 60601-1, ISO 13485 and Health Canada.

Aboutย Neteera Technologies

Neteeraย is a Jerusalem-based hi-tech company with a vision to shift healthcare from reactive to proactive.ย Neteeraย โ€™s technology enables clinical-grade patient monitoring whether it be in a home-based setting, a hospital, or a senior care facility.ย Neteeraย supports caregivers by providing a safer work environment and helping to save the healthcare system money & resources in patient care.

Neteeraย โ€™s technology addresses these needs with a continuous, contactless, passive vital signs, and bio-data monitoring solution.ย Neteeraย โ€™s FCC-, HIPPA-, and GDPR-compliant solutions seamlessly and safely facilitate rapid and accurate remote patient monitoring in real time.

Neteeraย โ€™s sensing platform eliminates the need for device manipulation, removal of clothing, and caregiver presence.ย Neteeraย โ€™s technology is a maintenance-free, radar-based solution that is non-intrusive as it does not rely on images.ย Neteeraย can improve care and ultimately reduce healthcare costs and enable optimal comfort for the patients as their involvement is not required

For Information, Contact:ย ย Neteeraย +972 (2) 580 8733 Email:ย info AT neteera.com
Neteera site:ย https://neteera.com/

 

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