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Morningside Venture led a $20m Series A round in Otolith Labs.

Synopsis

Morningside Venture, a venture capital firm, led a $20m Series A round in Otolith Labs, a medical technology company. “Otolith Labs’ mission is to make daily living easier for the millions of Americans suffering from the symptoms of chronic vertigo and other vestibulogenic conditions. Chronic vertigo is a condition that prevents people from performing activities of daily living and has significant quality of life and economic impact. The team at Otolith Labs has developed a truly novel technology that could fundamentally change how chronic vertigo is treated today. Otolith Labs is leading the charge in developing a noninvasive and non-pharmacological therapy for those who have chronic vertigo and we look forward to being a part of this incredible journey,” Anthony Aiudi, Morningside Ventures Partner.

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