Eindhoven-based Salvia BioElectronics secures €53M in Series B financing round led by Innovation Industries.
Funding round includes participation from Invest-NL, EIC Fund, and existing investors like Inkef, Panakès Partners, and more.
Salvia BioElectronics plans to utilize funds for clinical development of MySalvia Therapy, aiming for FDA approval and regulatory clearances.
Founded in 2017, Salvia BioElectronics aims to transform migraine treatment through its proprietary neuromodulation technology offering a new hope for chronic migraine sufferers.