Pulsetto Secures EUR 2 Million Investment from ScaleWolf
Deal News | Feb 27, 2025 | CEE Legal Matters
In an exciting development for Lithuanian startup Pulsetto, backed by Kilo Health, EUR 2 million in investment has been secured from ScaleWolf to further their pioneering vagus nerve stimulation technology. The technology, initially developed for stress management and recovery acceleration, is now slated for adaptation to enhance military resilience in high-pressure situations. This strategic funding was advised by Walless, a legal team featuring Partner Arturas Grimaila and Associate Ieva Pikaite. Despite inquiries, Walless did not provide further comments on this transaction.
Sectors
- Healthcare Technology
- Defense
- Legal Advisory
Geography
- Lithuania – Pulsetto is a Lithuanian-based startup.
- European Union – The transaction involves companies based in Europe, where Lithuania is a member state.
Industry
- Healthcare Technology – Pulsetto's focus on vagus nerve stimulation technology places the company within the healthcare technology sector.
- Defense – The adaptation of Pulsetto's technology for military applications suggests a connection to the defense sector.
- Legal Advisory – Walless’ involvement in advising on the investment transaction places a focus on legal services within corporate finance.
Financials
- EUR 2 million – The investment amount provided by ScaleWolf to Pulsetto.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Pulsetto | Target Company | Company | A Lithuanian startup developing vagus nerve stimulation technology. |
| ScaleWolf | Bidding Company | Company | A company investing EUR 2 million into Pulsetto for technology advancement. |
| Walless | Legal Advisor | Company | Legal firm advising ScaleWolf on its investment in Pulsetto. |
| Arturas Grimaila | Partner at Walless | Person | A partner at Walless involved in advising the transaction. |
| Ieva Pikaite | Associate at Walless | Person | An associate at Walless involved in advising the transaction. |
| Kilo Health | Investor | Company | Backing company of Pulsetto, a well-known player in health technology. |