Bone Health Technologies Raises $2.5M In New Funding Round, Adds 3 Members To Board
Bone Health Technologies, a MedTech company focused on treating osteoporosis, announced the completion of a new funding round and the appointment of new board members.
Funding Secured: San Francisco, California-based Bone Health said it has closed a $2.5 million funding round. The company noted the funding was oversubscribed.
Good Growth Capital led the funding round with other participants including Astia Angels, Ambit Health Ventures, Portfolia Femtech Fund, IT-Farm, Golden Seeds, Berkeley Angel Network, the Band of Angels, and Reno Seed Fund, as well as prominent individual Angel Investors.
“We have been involved with Bone Health Technologies since the early proof of concept stage and are thrilled to lead this investment round — the unmet need and hence the business opportunity is enormous,” said John Osborne, managing partner of Good Growth Capital.
Bone Health’s OsteoBoost has a breakthrough therapy designation from the FDA. OsteoBoost, according to the company, is the first vibration belt specifically designed for the prevention of osteoporosis.
It is based on NASA research which proved that medical stimulation of bones through vibration would improve bone health in astronauts.