Aleva Neurotherapeutics

Medical Devices & EquipmentSeries CLausanne, Switzerlandaleva-neuro.com

Latest round

Series C

Last raised

May 2016

Total raised

$36M

Investors

7

About Aleva Neurotherapeutics

Founded in 2008 in Lausanne, Switzerland, Aleva Neurotherapeutics specializes in innovative solutions for neurological treatments. The company was co-founded by André Mercanzini and Claudio Pollo, with Alain Jordan as CEO.Aleva Neurotherapeutics specializes in the development and commercialization of advanced Deep Brain Stimulation (DBS) technologies aimed at treating neurological disorders, particularly Parkinson’s disease and essential tremor. The company’s flagship product, the directSTIM™ system, employs Directional Deep Brain Stimulation, which allows for precise targeting of brain regions responsible for motor control. This innovative approach is designed to enhance therapeutic benefits while minimizing side effects associated with traditional stimulation methods. Aleva’s technologies are specifically tailored to meet the needs of neurological professionals, including neurologists and neurosurgeons, who are focused on improving patient outcomes.Aleva Neurotherapeutics generates revenue through the sale of its directSTIM™ DBS systems and related components, which are primarily transacted through partnerships with leading neurological clinics and healthcare institutions. The transaction structure typically involves direct sales to hospitals, with potential for ongoing service agreements that include maintenance and support for the systems. Pricing strategies for the directSTIM™ system may involve tiered pricing based on volume purchases or specific institutional agreements, ensuring accessibility and support for healthcare providers. Upcoming launches include new iterations of the directSTIM™ system designed for improved patient outcomes. The company is targeting expansion into additional European markets and regions in North America by 2025. Recent developments include Kreos Capital acquiring Aleva Neurotherapeutics SA, which will support these growth initiatives.

Who invested in Aleva Neurotherapeutics

7 investors across 3 rounds

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Funding rounds

  1. Series C

    May 27, 2016

    Amount

    $18M

    Investors

    Locked

  2. Series B

    Apr 10, 2012

    Amount

    $4.4M

    Investors

    Locked

  3. Series A

    Aug 25, 2011

    Amount

    $13M

    Investors

    Locked

Questions about Aleva Neurotherapeutics

Who invested in Aleva Neurotherapeutics?

Aleva Neurotherapeutics has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Aleva Neurotherapeutics raised?

Aleva Neurotherapeutics has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Aleva Neurotherapeutics last raise money?

Aleva Neurotherapeutics's most recent round on record is a Series C, in May 2016.

What does Aleva Neurotherapeutics do?

Founded in 2008 in Lausanne, Switzerland, Aleva Neurotherapeutics specializes in innovative solutions for neurological treatments.

Where is Aleva Neurotherapeutics headquartered?

Aleva Neurotherapeutics is headquartered in Lausanne, Switzerland.

Which VCs invest in companies like Aleva Neurotherapeutics?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back medical devices & equipment companies at Aleva Neurotherapeutics's stage. Their profiles are linked below.

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