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Funds will be used to further develop a hardware device and mobile application for stress relief and better sleep.
May 24, 2022
By: Michael Barbella
Managing Editor
Kilo Health is investing in Pulsetto, a startup that creates a non-invasive vagus nerve stimulator that reduces stress, calms anxiety, and improves sleep quality. Over several rounds, Kilo Health will invest 500,000 euros to further develop the stimulator’s hardware device and create a mobile application. This is the second investment Kilo Health has made in Pulsetto—the startup received a 50,000 euros investment last year. “With the first 50,000 Eur investment from Kilo Health, we created a prototype in just three months. The most recent injection will allow us to move even faster. We will buy more equipment and start mass-producing this device. At the same time, we will be developing our mobile app and begin to prepare to launch later this year,” Pusletto CEO and Founder Vitalijus Majorovas said. “Pulsetto was created by technology and mental health experts. It was clear to us we would be missing out if we didn’t support their vision. I can’t wait to see what’s next for Vitalijus and his team,” said Tadas Burgaila, CEO and co-founder of Kilo Health. Pulsetto’s hardware device stimulates the vagus nerve in the parasympathetic nervous system. This nerve controls the heart, lungs, and digestive system. Stimulating it slows down the heart rate and encourages relaxation. “We are creating a device that uses electromagnetic waves to easily and safely activate the vagus nerve. The user will feel better in just a couple of minutes. Vagus nerve stimulation has been used in medicine since 1988, but previously, it was an invasive procedure. Our solution allows us to provide the benefits without the need to go into the operating room,” said Majorovas. Kilo Health has provided significant funding for digital health and wellness projects in the past few years. In 2021, Kilo Health invested more than 2 million euros into healthtech startups Medical Score, Tyler Health, and Revolab. Kilo Health is a digital health and wellness company with more than 4 million customers worldwide. As of 2022, it’s the second fastest-growing company in Europe on the FT 1,000 ranking, the second-fastest growing company in central Europe on the Deloitte Technology Fast 50 list, and the most popular employer of 2021 on MeetFrank. Kilo Health has more than 15 innovative digital health products, 550-plus colleagues, and offices in five European cities. The company is also a member of the DTx Alliance, Matter Community, and HealthXL.
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