Wavegate Corporation
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Wavegate Corporation - overview
Established
2019
Location
Lake Charles, LA, US
Primary Industry
Medical Devices & Equipment
About
Based in Louisiana, US, and founded in 2019 by CEO Erich W. Wolf II, Wavegate Corporation is a medical technology company developing neuromodulation solutions, including StimuLux (TM) technology for adaptive spinal cord stimulation to improve pain relief and reduce side effects. In December 2024, Wavegate Corporation raised USD 26 million in Series A funding led by UCEA Capital Group. Wavegate Corporation specializes in advanced spinal cord stimulation solutions through its product, the Ellipse TM Spinal Cord Stimulator Platform.
The company’s platform incorporates the StimuLux TM Active Loop TM technology, leveraging optical tracking to adjust electrical stimulation to the spinal cord. The Ellipse platform focuses on chronic pain to improve the quality of life for patients with chronic pain in the trunk and limbs. As of 2024, the firm targets individual patients and healthcare providers, with potential markets including North America and Europe. The company plans to use the funding from December 2024 to accelerate the development of its proprietary Ellipse platform, featuring StimuLux technology, designed to provide therapeutic solutions for chronic pain patients.
Current Investors
UCEA Capital Group
Primary Industry
Medical Devices & Equipment
Sub Industries
Medical Devices & Equipment, Medical Equipment Distributors, Medical Supplies
Website
www.wavegate.us
Verticals
HealthTech, Manufacturing
Company Stage
Series A
Total Amount Raised
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