BioM reports $6 million in funding

BioM has raised $6 million in debt and equity funding, according to a filing with the U.S. Securities and Exchange Commission.

The company, listed in the filing as iWalk, reported 18 investors and is still offering $4 million in debt and equity for sale.

BioM was founded in 2007 by Hugh Herr, PhD, director and principal investigator of the Biomechatronics Group of MIT’s Media Laboratory. According to its website, the company has received funding and support from the U.S. Department of Veterans Affairs, the U.S. Army’s Telemedicine and Advanced Technology Research Center, and leading investment firms including WFD Ventures, General Catalyst Partners, Sigma Partners and Gilde Healthcare Partners.


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