Fundraising FoxPRAPELA INC
South Portland, US · 1 known investors
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Prapela develops an FDA De Novo authorized hospital bassinet pad that delivers stochastic vibrotactile stimulation (SVS) to console opioid-exposed newborns and reduce symptoms of Neonatal Opioid Withdrawal Syndrome (NOWS), used in NICU, step-down, and newborn care units. The company is also running clinical trials on the same technology for Apnea of Prematurity, and its devices are assembled in Maine and shipped to US healthcare facilities.
Investors · 1
Non-dilutive funding · 3 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2023 | $500.2K |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2021 | $2.6M |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2019 | $222.2K |
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.
Frequently asked questions
- What does PRAPELA INC do?
- Prapela develops an FDA De Novo authorized hospital bassinet pad that delivers stochastic vibrotactile stimulation (SVS) to console opioid-exposed newborns and reduce symptoms of Neonatal Opioid Withdrawal Syndrome (NOWS), used in NICU, step-down, and newborn care units. The company is also running clinical trials on the same technology for Apnea of Prematurity, and its devices are assembled in Maine and shipped to US healthcare facilities.
- Who are PRAPELA INC's investors?
- PRAPELA INC's investors include Springhood Ventures.
- Where is PRAPELA INC headquartered?
- PRAPELA INC is headquartered in South Portland, US.