Australia: Loop+ raises A$3m in seed funding

George Kellerman, chief executive and managing director, YMVSV

Loop+, an early stage health technology enterprise based in Australia developing a pressure and movement tracking device for wheelchair-bound patients, has raised A$3m (US$2m) seed funding. The oversubscribed seed funding round was led by Yamaha Motor Ventures & Laboratory Silicon Valley (YMVSV), the strategic business development and investment arm of Yamaha Motor Co, with additional…

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