# PneumoWave

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

- Industry: Medical Devices & Equipment
- Headquarters: UK
- Website: www.pneumowave.com
- Total disclosed funding: $9M
- Latest round: Series A (Dec 23, 2022)
- Investors on record: 6

## About

Based in Scotland, UK, and founded in 2018, PneumoWave Limited provides a platform that monitors real-time remote respiratory. The company was founded by its CEO Dr. Bruce Henderson and Jonathan Guthire. In January 2023, the firm raised GBP 7.5 million in Series A funding from investor Scottish National Investment Bank, with participation from returning investors Alba Equity, Equity Gap, Intuitive Investments Group, London & Scottish Investment Partners, and Scottish Enterprise. Individual investors also participated in the round.

The company offers an artificial intelligence-based integrated platform that captures patient data and analyzes it for the management of respiratory illness including opioids, chronic obstructive pulmonary disease, and paediatric monitoring. The firm offerings include a chest-worn biosensor that captures and transmits the data wirelessly for analysis in real-time which detects any adverse event accurately. Additionally, the firm processed data is available in its cloud platform which can be assessed by the clinician to provide personalized treatments to the patients remotely. 

The company plans to use the January 2023 funding to speed up respiratory change diagnostic and monitoring platform regulatory filing and clinical validation.

## Funding rounds

- Series A, Dec 23, 2022, $9M — Equity Gap, London & Scottish Investment Partners, Scottish Enterprise, Alba Equity, Scottish National Investment Bank, Intuitive Investments Group

## Investors

- Equity Gap (https://capitalatlas.ai/funds/equity-gap) — Series A
- London & Scottish Investment Partners — Series A
- Scottish Enterprise (https://capitalatlas.ai/funds/scottish-enterprise) — Series A
- Alba Equity (https://capitalatlas.ai/funds/alba-equity) — Series A
- Scottish National Investment Bank — Series A
- Intuitive Investments Group — Series A