How Much Did Spark Biomedical Raise?
Funding & Key Investors

Spark Biomedical, a Dallas-based medical device company, has secured $15M in a major strategic investment, contributing to its total funding of $31.2M. This latest capital infusion underscores the company's progress in developing innovative solutions for opioid withdrawal relief.

What is Spark Biomedical?

Spark Biomedical
ManufacturingMedical Devices & Equipment

Founded in 2018, Spark Biomedical is at the forefront of medical technology, specializing in a drug-free, personalized wearable neurostimulation solution designed to combat opioid withdrawal. The company's approach is validated by a double-blind, randomized controlled clinical trial, targeting patients suffering from opioid use disorder. This significant backing positions Spark Biomedical to scale its operations and further its mission to provide effective, non-pharmacological treatment options.

How much funding has Spark Biomedical raised?

Spark Biomedical has raised a total of $31.2M across 2 funding rounds:

2023

Other Financing Round

$16.2M

2025

Series A

$15M

Other Financing Round (2023): $16.2M, investors not publicly disclosed

Series A (2025): $15M led by WAVE Ventures and Pathway To Cures

Key Investors in Spark Biomedical

WAVE Ventures

WAVE Ventures is an investor participating in the funding round, likely focused on innovative healthcare solutions.

Pathway To Cures

Pathway To Cures is an investor contributing to this funding round, suggesting a focus on advancing medical treatments.

What's next for Spark Biomedical?

With this major enterprise-level funding, Spark Biomedical is poised for significant expansion. The strategic investment will likely fuel further research and development, enhance manufacturing capabilities, and broaden market penetration. The company's focus on evidence-based, wearable technology for a critical public health issue suggests a trajectory of growth and impact within the healthcare sector. Future developments may include expanded clinical applications and strategic partnerships to accelerate adoption.

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Frequently Asked Questions Regarding Spark Biomedical Financial Insights

What are the most recent funding rounds that Spark Biomedical has completed, and what were the funding rounds?
Spark Biomedical has recently completed 2 funding rounds: Series A on Apr 30, 2025, Other Financing Round on Jul 7, 2023.
What is the total amount of funding Spark Biomedical has raised to date?
Spark Biomedical has raised a total of $31.2M in funding to date.
How many funding rounds has Spark Biomedical completed?
Spark Biomedical has completed 2 funding rounds.
How much funding did Spark Biomedical raise in its most recent funding round?
Spark Biomedical raised $15M in its most recent funding round.
Who are the lead investors in Spark Biomedical's latest funding round?
The lead investor in Spark Biomedical's latest funding round was WAVE Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Spark Biomedical's history?
The largest funding round in Spark Biomedical's history was $16.2M.
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