# Alimetry

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alimetry

- Industry: Medical Devices & Equipment
- Headquarters: Auckland, New Zealand
- Website: www.alimetry.com
- Total disclosed funding: $34M
- Latest round: Series A (Oct 24, 2024)
- Investors on record: 9

## About

Founded in 2019 and based in Auckland, New Zealand, Alimetry Ltd operates as a health technology startup company that develops solutions for diagnosing disorders of gastrointestinal function. In October 2024, Alimetry Ltd raised USD 18 million in series A funding led by new investor GD1, with participation from other new investors American Gastroenterological Association, Olympus Innovation Ventures, and Icehouse Ventures. Other unspecified investors also participated in the round. As part of the transaction, Vignesh Kumar will assume the role of Co-Managing Partner of the company.

The company has developed Gastric Alimetry, a non-invasive device, worn in the comfort of the clinic. The device's alimetry technology non-invasively senses the motility of the stomach and detects the underlying mechanisms of gastric symptoms, informing personalized therapy.

The company plans to use the Series A funds to accelerate the international launch of its first product, a wearable diagnostic device called Gastric Alimetry.

## Funding rounds

- Series A, Oct 24, 2024, $18M — Icehouse Ventures, GD1, Olympus Innovation Ventures, American Gastroenterological Association
- Series A, Mar 2, 2022, $16M — Longview Innovation, Movac, UniServices, K1W1, Matu Fund
- Seed, Apr 15, 2020 — Longview Innovation, UniServices, Matu Fund

## Investors

- Longview Innovation (https://capitalatlas.ai/funds/longview-innovation) — Seed, Series A
- UniServices — Seed, Series A
- Matu Fund (https://capitalatlas.ai/funds/matu-fund) — Seed, Series A
- Movac (https://capitalatlas.ai/funds/movac) — Series A
- K1W1 — Series A
- Icehouse Ventures (https://capitalatlas.ai/funds/icehouse-ventures) — Series A
- GD1 (https://capitalatlas.ai/funds/gd1) — Series A
- Olympus Innovation Ventures (https://capitalatlas.ai/funds/olympus-innovation-ventures) — Series A
- American Gastroenterological Association — Series A