What is Closed Loop Medicine?
Closed Loop Medicine is a Cambridge-based therapeutics company specializing in innovative care pathways, outcome-driven treatments, and the provision of dynamic, personalized regimens. The company's development pipeline uniquely integrates drug therapies with digital tools and devices to address significant global health challenges. Currently, Closed Loop Medicine is focusing on treatments for sleep disorders and hypertension, with plans to expand its portfolio to other health issues.
How much funding has Closed Loop Medicine raised?
Closed Loop Medicine has raised a total of $21.9M across 3 funding rounds:
Other Financing Round
$3.9M
Grant
$319K
Unspecified
$17.6M
Other Financing Round (2020): $3.9M with participation from BGF, Longwall Ventures, IQ Capital, Cambridge Angels, and Martlet
Grant (2020): $319K, investors not publicly disclosed
Unspecified (2021): $17.6M, investors not publicly disclosed
Key Investors in Closed Loop Medicine
BGF
BGF is a prominent UK investor focused on small and mid-sized businesses, providing capital and support for companies across various stages of growth and sectors.
Longwall Ventures
Longwall Ventures specializes in early-stage deeptech businesses, particularly those leveraging UK scientific expertise to address global challenges through innovative solutions.
IQ Capital
IQ Capital is a venture capital firm investing in deep-tech companies, including AI, machine learning, and advanced engineering, with a focus on global market dominance.
What's next for Closed Loop Medicine?
The substantial enterprise-level funding indicates Closed Loop Medicine is poised for significant scaling and further research and development. This capital infusion will likely accelerate the integration of their Drug + Digital + Device model across a broader range of conditions. The strategic nature of the recent investment suggests strong alignment with key partners, potentially facilitating market penetration and the expansion of their personalized medicine offerings.
See full Closed Loop Medicine company page
