AI & Enterprise
Innosus raises 14.2 billion won in Series A funding
Aesthetic medical device startup Innosus said on Tuesday it raised 14.2 billion won in a Series A round from investors including Altos Ventures. It said part of the funding involved a secondary share sale by Tail Ventures, which identified the company at the seed stage. Innosus develops Alltite, a lifting device applying dielectric heating used in cancer and rehabilitation treatment. It plans to accelerate expansion into North America, Europe and Asia and increase R&D investment.