Kandu Health and Neurolutions Merge to Form Kandu, Inc.; $30M Financing Co‑Led by Ally Bridge Group and AMED Ventures

April 8, 2025

Kandu Health and Neurolutions have merged to form Kandu, Inc., combining Neurolutions' FDA‑cleared IpsiHand brain‑computer interface device with Kandu Health's AI‑supported telehealth stroke‑recovery services. The newly formed company closed the first tranche of a $30 million financing co‑led by Ally Bridge Group and AMED Ventures to support commercialization and continued product and service integration.

Buyers
Ally Bridge Group, AMED Ventures
Targets
Kandu, Inc.
Location
California, United States
Transaction Type
Growth capital

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