# Kitea Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kitea-health

- Industry: Medical Devices & Equipment
- Headquarters: Auckland, New Zealand
- Website: www.kiteahealth.com
- Total disclosed funding: $3.7M
- Latest round: Seed (Feb 23, 2023)
- Investors on record: 5

## About

Based in Auckland, New Zealand, and founded in 2022 by Simon Malpas (CEO), Kitea Health operates as a health-tech company that develops implantable medical devices to remotely monitor blood pressure. In February 2023, Kitea Health raised NZD 6 million in seed funding led by Pacific Channel, with participation from Auckland Uniservices Limited, Cure Kids Ventures, Icehouse Ventures, and NZ Growth Capital Partners. Kitea Health is a designer of pressure-monitoring medical equipment. For the treatment of hydrocephalus, the company aims to provide patients with an implantable device integrated with software that can send data and receive power to a communication rod through flesh and bone. This will help patients avoid developing chronic health conditions. The firm provides a wireless technology developed and designed to address major challenges in the management of chronic conditions such as hydrocephalus and heart failure. The company plans to use the February 2023 funding to expand internationally.

## Funding rounds

- Seed, Feb 23, 2023, $3.7M — Auckland Uniservices Limited, Cure Kids Ventures, Pacific Channel, Icehouse Ventures, NZ Growth Capital Partners

## Investors

- Auckland Uniservices Limited — Seed
- Cure Kids Ventures (https://capitalatlas.ai/funds/cure-kids-ventures) — Seed
- Pacific Channel (https://capitalatlas.ai/funds/pacific-channel) — Seed
- Icehouse Ventures (https://capitalatlas.ai/funds/icehouse-ventures) — Seed
- NZ Growth Capital Partners (https://capitalatlas.ai/funds/nz-growth-capital-partners) — Seed