MicroTransponder
NASDAQ: MOBIAustin, US · Founded 2007 · Delaware corporation · 253 employees on LinkedIn · 4 known investors
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Mobia Medical (formerly MicroTransponder) develops Vivistim Paired VNS Therapy, an FDA-approved treatment for stroke survivors with moderate to severe upper extremity impairment. The company delivers clinically validated recovery solutions specifically for chronic ischemic stroke patients.
Founders & leadership
Board

Investors · 4
How we know: the VCSheet dataset · Not right? Tell us
How we know: UT Horizon Fund's portfolio page · funding news · Not right? Tell us
How we know: funding news · Not right? Tell us
How we know: board seat on SEC Form D · funding news · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$108.2M disclosed across 7 of 8 rounds · 1900–2025
▶$32.5MraisedMar 2025 · 19 investors · Other Health CareRule 506(b)
- Richard John FoustExecutive Officer, Director
- Nelson Bunker CurnesExecutive Officer, Director
- Thomas Jordan Curnes IIExecutive Officer, Director
- Casey TanseyDirector
- Dana MeadDirector
- Bill HarringtonDirector
- Cythia LuccheseDirector
- Offering amount
- $65M
- Amount sold
- $32.5M
- First sale
- Mar 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$42.9MraisedSep 2022 · 41 investors · Other Health CareRule 506(b)
- Thomas Jordan Curnes IIExecutive Officer, Director
- Bill HarringtonDirector
- Casey TanseyDirector
- Richard John FoustExecutive Officer, Director
- Nelson Bunker CurnesExecutive Officer, Director
- Offering amount
- $72.9M
- Amount sold
- $42.9M
- First sale
- Jun 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$6MraisedAug 2021 · 18 investors · Other Health CareRule 506(b)
- Nelson Bunker CurnesExecutive Officer, Director
- Thomas Jordan Curnes IIExecutive Officer, Director
- Thomas CurnesDirector
- Chuck MiddlekaufDirector
- Offering amount
- $6M
- Amount sold
- $6M
- First sale
- Jun 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.8MraisedSep 2020 · 11 investors · Other Health CareRule 506(b)
- Nelson Bunker CurnesDirector
- Thomas J. CurnesDirector
- T. Jordan Curnes IIExecutive Officer, Director
- Chuck MiddlekaufDirector
- Frank McEachernExecutive Officer, Director
- Offering amount
- $6M
- Amount sold
- $5.8M
- First sale
- Aug 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$11.6MraisedNov 2017 · 21 investors · Other Health CareRule 506(b)
- Frank McEachernExecutive Officer, Director
- Chuck MiddlekaufDirector
- Thomas J. CurnesDirector
- N. Bunker CurnesDirector
- T. Jordan Curnes IIExecutive Officer, Director
- Offering amount
- $16.6M
- Amount sold
- $11.6M
- First sale
- Nov 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.5MraisedJul 2017 · 20 investors · Other Health CareRule 506(b)
- Chuck MiddlekaufDirector
- N. Bunker CurnesDirector
- Frank McEachernExecutive Officer, Director
- Thomas J. CurnesDirector
- T. Jordan Curnes IIExecutive Officer, Director
- Offering amount
- $6M
- Amount sold
- $5.5M
- First sale
- May 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$3.9MraisedSep 2015 · 18 investors · Other Health CareRule 506(b)
- Thomas J. CurnesDirector
- Chuck MiddlekaufDirector
- Frank McEachernExecutive Officer, Director
- N. Bunker CurnesDirector
- T. Jordan Curnes IIExecutive Officer, Director
- Offering amount
- $5.5M
- Amount sold
- $3.9M
- First sale
- Sep 2015
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 10 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2016 | $224.3K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2013 | $225K |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2012 | $2.6M |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2011 | $2.5M |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2010 | $1.7M |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2010 | $286.4K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2010 | $175K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2009 | $239K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2009 | $96.6K |
| National Institutes of Health (NIH)National Institutes of Health | Phase ISTTR | 2008 | $113.4K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
In the news
Frequently asked questions
- What does MicroTransponder do?
- Mobia Medical (formerly MicroTransponder) develops Vivistim Paired VNS Therapy, an FDA-approved treatment for stroke survivors with moderate to severe upper extremity impairment. The company delivers clinically validated recovery solutions specifically for chronic ischemic stroke patients.
- Who are MicroTransponder's investors?
- MicroTransponder's investors include Longitude Capital, UT Horizon Fund, Green Park & Golf Ventures, US Venture Partners.
- How much funding has MicroTransponder raised?
- MicroTransponder has disclosed $108.2M raised across 7 of its 8 known rounds.
- Where is MicroTransponder headquartered?
- MicroTransponder is headquartered in Austin, US.




