VitalTrace
3 known investors
Vital Trace develops biosensors for continuous lactate monitoring (CLM) to support critical care decisions during childbirth, aiming to provide doctors with real-time clinical data for mothers and babies. The company applies its monitoring technology to life-and-death clinical decisions across medical settings, with a focus on maternal and fetal health.
Also known as Vital Trace
Founders & leadership

Investors Β· 3
Company profile
researched Aug 2026VitalTrace is a Western Australian medical device company developing continuous lactate monitoring (CLM) technology for obstetrics. Its flagship product, DelivAssure, is a clinical-stage continuous lactate biosensor intended to give obstetricians and midwives real-time, objective data on fetal wellbeing during childbirth. A small single-use electrode sensor is applied to the baby's scalp once the membranes have ruptured and the head is accessible; the sensor wirelessly transmits lactate readings to a bedside monitor, allowing the mother to move freely during labour. The company positions lactate as a direct biomarker of fetal hypoxia and acidosis, in contrast to fetal heart rate monitoring (CTG), which it describes as an indirect proxy, and to alternatives such as ST-analysis and fetal pulse oximetry.
The company frames the clinical problem as the absence of accurate, continuous, validated information for managing childbirth, citing figures including 20% of cerebral palsy cases arising during childbirth, a threefold increased risk of maternal death from caesarean sections, roughly $7 billion per annum in unnecessary health economic burden, and 25% of medical malpractice claims stemming from birth complications. Beyond labour, VitalTrace is extending its CLM platform into neonatal intensive care, adapting the sensor to detect elevated lactate in newborns as an early indicator of neonatal sepsis and other complications such as congenital heart disease and necrotising enterocolitis, with the aim of reducing repeated heel pricks and blood draws.
The leadership team is led by founder and CEO Dr Arjun Kaushik, a medical officer and honorary research fellow, alongside COO Dr Julian Shapley, CSO Dr Lee Hubble, Head of Regulatory and Quality Dr Celine Royet, and Chief Medical Officer Prof. Jonathan Morris, a maternal-fetal medicine specialist and former Director of the Kolling Institute of Medical Research. Non-executive directors include Dr Amy Pollack, a former global Director of Maternal, Newborn and Child Health at the Bill & Melinda Gates Foundation and former Chief Safety Officer at Medtronic, and Julian Sutton of Welcome Ventures, with John Livingston as board observer. Advisers cover manufacturing, biosensors, midwifery, maternal-fetal medicine and commercialisation.
Founding story
VitalTrace was spun out of research at The University of Western Australia. Founder and CEO Dr Arjun Kaushik, a UWA medicine graduate, medical officer and honorary research fellow, established the company and led development of its fetal monitoring biosensor technology. Company materials date the founding to 2017, while press coverage reports 2016.
Business model
VitalTrace develops and manufactures a clinical-stage single-use biosensor and accompanying bedside monitor for hospital labour wards, supported by in-house biosensor manufacturing and clean room facilities configured for class III medical device production. Development has been supported in part by Western Australian government research and innovation grants and by private venture funding.
Traction
DelivAssure has been granted FDA Breakthrough Device Designation and has completed a world-first clinical trial, with trials conducted at King Edward Memorial Hospital and four sites across Australia. The company reports more than 45 employees and over $14 million raised across three rounds prior to its Series B process, and received a $500,000 Western Australian government grant in November 2025.
Latest developments
In July 2025 DelivAssure was featured on ABC News and other national media following clinical trials, and VitalTrace launched a Series B raise seeking $30 million. In November 2025 the company was awarded $500,000 under the Government of Western Australia's Future Health Research and Innovation Fund Innovative Solutions - Precision Health program to adapt its continuous lactate monitoring technology for neonatal intensive care.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
VitalTrace describes DelivAssure as the world's first continuous lactate monitor in obstetrics. Western Australia's Health Minister characterised the technology as the biggest breakthrough in the way babies are monitored during labour in five decades. The current standard of care it seeks to displace is fetal heart rate monitoring (CTG); prior alternatives cited include ST-analysis and fetal pulse oximetry.
Unlike cardiotocography, which provides an indirect proxy for oxygen deprivation, DelivAssure measures lactate directly and continuously. The wireless sensor allows mothers to move freely during labour, in contrast to traditional monitoring devices that restrict movement, and the product has been granted FDA Breakthrough Device Designation.
Technology
The core technology is an enzymatic electrochemical biosensor, similar in principle to continuous glucose monitors, that interfaces with interstitial fluid to detect lactate. Proprietary chemistry, using specialised polymers and enzymes that generate an electrical signal in the presence of lactate, is layered onto a minimally invasive macroneedle sensor engineered for insertion during labour. The device is described as an advanced 3D sensor with a familiar form factor, includes an ECG feature for fetal monitoring compatibility, and is designed for lactate accuracy in low-oxygen labour conditions. VitalTrace has translated R&D microfabrication methods into a biosensor manufacturing facility with clean rooms and production lines intended for scale-up, staffed by operators and technicians with medical device GMP experience.
Go-to-market
Initial deployment has been through clinical trials at Australian maternity hospitals, beginning at King Edward Memorial Hospital in Perth and expanding to four sites nationally. In 2025 the company engaged Acova Capital to run a non-deal roadshow and Series B capital raising aimed at local and international institutional investors to support commercialisation and entry to the US market.
Obstetricians, midwives and maternity hospitals managing labour and childbirth, with a planned extension to neonatal intensive care clinicians.
Geography
Headquartered in Western Australia (Perth), with clinical trial activity at sites across Australia and a stated ambition to enter the US market.
History
The company grew from UWA research to a team described on its site as more than 45 employees, having completed three fundraising rounds. Its DelivAssure device was trialled at King Edward Memorial Hospital in Perth and subsequently at four sites nationally in Australia. In July 2025 the device was featured on national media including ABC News, and the company launched a Series B raise targeting $30 million to fund a pathway to commercialisation and entry into the US market. In November 2025 it was awarded $500,000 from the Western Australian Government's Future Health Research and Innovation Fund to extend its platform into neonatal intensive care.
Risks & controversies
DelivAssure remains a clinical-stage product that has not been reported as approved for routine care; it holds FDA Breakthrough Device Designation rather than clearance, and further trials are ongoing. Sources differ on the company's founding year (2016 versus 2017).
Compiled by commissioned research from 8 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 5
launches, deals, and filingsVitalTrace was awarded $500,000 under the Government of Western Australia's Future Health Research and Innovation (FHRI) Fund Innovative Solutions - Precision Health program to adapt its continuous lactate monitoring technology to detect elevated lactate in neonates as an early indicator of neonatal sepsis.
$500K source β
VitalTrace launched a Series B capital raising targeting $30 million from local and international institutional investors, engaging Acova Capital to run a non-deal roadshow, to fund its pathway to commercialisation and entry into the US market.
$30M source β
VitalTrace's continuous lactate monitor for childbirth was featured across national media platforms, including ABC News, following its clinical trials.
VitalTrace unveiled a device developed in Perth that uses a single-use scalp electrode sensor to wirelessly transmit real-time fetal lactate readings to a bedside monitor. The device was trialled at King Edward Memorial Hospital and further sites across Australia.
DelivAssure, VitalTrace's clinical-stage continuous lactate biosensor for childbirth, has been granted Breakthrough Device Designation by the FDA.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
βΈResearch sources Β· 8
primary sources listed
- VitalTracevitaltrace.com.au Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does VitalTrace do?
- VitalTrace develops DelivAssure, a continuous lactate biosensor for real-time fetal monitoring during labour.
- Who are VitalTrace's investors?
- VitalTrace's investors include Artesian, FundWA, MedTech Actuator.