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NinaMED

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Wearable neuromodulation therapy for overactive bladder.

AustraliaFounded 2026Health Tech & Medtech
Valuation $0–100M Latest valuation · 2026
Total funding $10–50M Disclosed equity funding
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About NinaMED

NinaMED Pty Ltd is an Australian privately-held medical device company established in May 2026 to develop and commercialize a treatment for overactive bladder (OAB). Headquartered in Melbourne, the company operates under an exclusive global license from the Toronto-based EBT Medical, Inc. to advance the NiNA System®. Upon its establishment, NinaMED announced it had secured US$13.75 million in financing led by SPRIM Global Investments (SGI). This capital is intended to accelerate the product's clinical development, support the path toward an Investigational Device Exemption (IDE) application, and expand the firm's operations in Australia. The company is led by a newly appointed Board of Directors with experience in the medical device and healthcare sectors, chaired by Ian Meredith. NinaMED was specifically formed to bring the NiNA System® to the global market, targeting an estimated 550 million patients suffering from OAB with a drug-free alternative. The core product, the NiNA System®, is a non-invasive, wearable neuromodulation device designed for at-home use. The therapy works by using proprietary technology to activate the saphenous nerve, a sensory nerve located in the upper calf. This patient-centric design allows for convenient treatment sessions aimed at delivering significant and persistent reduction in OAB symptoms without pharmaceuticals. The underlying technology was discovered and patented at the University of Toronto by Professor Paul Yoo, a co-founder of EBT Medical. The NiNA System® is currently in a clinical development phase and is not yet approved for commercial sale. Keywords: overactive bladder, OAB treatment, neuromodulation device, wearable medical device, non-invasive therapy, drug-free treatment, saphenous nerve stimulation, medical device commercialization, at-home therapy, urology, pelvic health, medtech, EBT Medical, NiNA System, SPRIM Global Investments, Ian Meredith, continence care, electromedical, patient-centric design, clinical development

Source: Dealroom company data

At a glance

Status
Operational
Founded
2026
Headquarters
Australia
Open positions
None listed
Dealroom signal
18.7/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Neuromodulation and Neurostimulation, Chronic Disease, Non-Invasive medical devices and treatments
Business model
Manufacturing
Client focus
b2b
Links
Website

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC May 2026 $12M $49M SPRIM Global Investments
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Investors

1 investor on the cap table

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Series A1 investor entered at this stage

  • SPRIM Global Investments
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Global footprint

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Workforce by country
🇦🇺 Australia HQ
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