Polsinelli congratulates its client Momo Medical Group Inc. (momomedical.com), on its €6.5 million Series A financing. Momo Medical is a health technology company that enhances patient care through a sensor and app system, which allows caregivers to monitor nursing home residents remotely and optimize attention and personalization. 

The financing was led by pension manager PGGM, NextGen Venture, and other renowned investors. This investment supports Momo Medical’s mission to give nurses and caregivers in nursing homes more time and attention for personal care.

More information about the financing can be obtained from Momo Medical’s announcement.

The Polsinelli Venture Capital and Emerging Growth Companies team involved in the transaction included Kathryn Pasinski, Sugeiry Betances, and David Cykiert. Polsinelli served as outside counsel to Momo Medical and continues to serve as outside general counsel on an ongoing basis.