# Neuromod Devices funding: rounds and investors

> Neuromod Devices has raised $17M across 2 rounds since 2015. Investors include SVB Capital, Enterprise Ireland and European Investment Bank.

Source: https://millionrounds.com/company/neuromod-devices (Millionrounds; every figure on the page links to its filing or article)

Ireland · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Neuromod Devices*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech

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Funding summary Updated 27 Oct 2026

**$17M** raised across 2 rounds since 2015, from 2 sources

**$6.2M** Series A **$11M** Series B

- **Latest round:** Series B, $11M Mar 2025
- **Step-up i:** 1.8×
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017 2019 2021 2023 2025

**$6.2M** Series A

**$11M** Series B

- **First round:** Series A, $6.2M
- **Biggest round:** $11M
- **Between rounds:** 9.4 years

## The rounds

- **Mar 2025** Series B **$11M** *3 new* [SVB Capital](https://millionrounds.com/fund/svb-capital) [Enterprise Ireland](https://millionrounds.com/fund/enterprise-ireland) [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Source recorded
- **Sept 2015** Series A **$6.2M** *1 new* [Fountain Healthcare Partners](https://millionrounds.com/fund/fountain-healthcare-partners) From a historical funding record

## Founders and team

From Neuromod Devices's own website: 6 on the team.

- **Diarmuid Flavin** Chief Operating Officer
- **Florian Elsaesser** Chief Finance Officer
- **Prof. Hubert Lim PhD** Chief Scientific Officer
- **Alessio Beverina** Non-Executive Board Member
- **Susan Whichard** Non-Executive Board Member
- **Tom Maher** General Counsel

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2015 **Series B** 2025 [SVB Capital](https://millionrounds.com/fund/svb-capital) [Enterprise Ireland](https://millionrounds.com/fund/enterprise-ireland) [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [Fountain Healthcare Partners](https://millionrounds.com/fund/fountain-healthcare-partners)

## Everyone who backed them

[SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **1** round

[Enterprise Ireland](https://millionrounds.com/fund/enterprise-ireland) Government **1** round

[European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Government **1** round

[Fountain Healthcare Partners](https://millionrounds.com/fund/fountain-healthcare-partners) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=neuromod-devices).

## Quick answers about Neuromod Devices

### Who invested in Neuromod Devices?

Neuromod Devices's investors include SVB Capital, Enterprise Ireland, European Investment Bank and Fountain Healthcare Partners.

### How much has Neuromod Devices raised?

Neuromod Devices has raised $17M across 2 rounds since 2015.

### When did Neuromod Devices last raise?

Neuromod Devices's most recent round was a Series B of $11M in Mar 2025.

### What was Neuromod Devices's biggest round?

Its most recent round, $11M in Mar 2025, is also its largest on record.

### Who backed Neuromod Devices first?

Neuromod Devices's first round on record, in Sept 2015, was backed by Fountain Healthcare Partners.

### What stage is Neuromod Devices at?

Neuromod Devices's latest named round is a Series B, in Mar 2025.

### Where is Neuromod Devices based?

Neuromod Devices is based in Ireland.

## Companies like Neuromod Devices

In the same sector, and raised in the last eighteen months.

[**CroíValve** $41M · Jun 2026](https://millionrounds.com/company/croivalve)[**Aerska** $49M · May 2026](https://millionrounds.com/company/aerska)[**AltraTech** $1.7M · Nov 2025](https://millionrounds.com/company/altratech)[**Deciphex** $52M · Oct 2025](https://millionrounds.com/company/deciphex)[**ProVascTec** $2.9M · Sept 2025](https://millionrounds.com/company/provasctec)[**Iterum Therapeutics** $67M · Aug 2025](https://millionrounds.com/company/iterum-therapeutics)

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