KanduTM Health, Inc. and Neurolutions, Inc. today announced that they have merged to form Kandu, Inc. With the merger, Kandu, Inc. expects to set a new standard of care for stroke recovery, accessible to patients and caregivers at home, with a first-in-kind end-to-end solution for stroke survivors, combining brain computer interface (BCI) technology with personalized telehealth services. A team from Knobbe Martens has been advising KanduTM Health, Inc. on IP matters for years, including providing counsel on this merger.
As part of the merger, Kandu, Inc. completed the first close of a $30 million financing which will support ongoing commercialization and continued execution of its mission to set a new standard of care for stroke recovery that is accessible to patients at home.
More information on the merger can be found here.
The Knobbe Martens team who advised on the merger includes Harnik Shukla, Sabing Lee, Steven Nataupsky, Arash Pia, and Alex Martin del Campo.
About Knobbe Martens
Knobbe Martens is a highly respected intellectual property law firm, offering legal services in all aspects of intellectual property and technology law. The firm’s litigation group handles cases throughout the U.S. and coordinates strategy for disputes worldwide. Founded in California in 1962, the firm has about 300 lawyers and scientists based in offices located in Orange County, Los Angeles, New York, San Diego, San Francisco, Seattle and Washington D.C. Knobbe Martens serves a diverse international client base, from multinational corporations to emerging businesses of all stages. More information about the firm can be found at www.knobbe.com.
