We advised Tera Ventures in a $1.7 million seed round raised by Transformative AI
We advised Tera Ventures in a $1.7 million seed round raised by Transformative AI that is developing software for predicting sudden cardiac arrest.
Transformative’s first patented technology predicts sudden cardiac arrest by analyzing data from patient monitoring devices that are standard in hospitals. Transformative will use its seed funding to obtain FDA clearance for its first product and to begin developing technologies that predict other life-threatening conditions, according to Josh Oppenheimer, MD, MBA, the company’s co-founder and CEO and a practicing emergency medicine physician.
Transformative is a medical software company operating in the US, the UK, and Estonia. Its predictive patient monitoring software identifies patients at imminent risk of life-threatening medical events, enabling preventive care. Its first patented technology predicts in-hospital sudden cardiac arrest.
Tera Ventures is a venture capital firm based in Tallinn, Estonia and focused on exceptional founders from Estonia, Scandinavia and CEE disrupting digital space globally.
![image from rawpixel id 583422 jpeg 14](https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=2331&h=1500 2331w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=300&h=193 300w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=1024&h=659 1024w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=768&h=494 768w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=1536&h=988 1536w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=2048&h=1318 2048w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=311&h=200 311w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=622&h=400 622w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=1243&h=800 1243w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=80&h=51 80w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=160&h=103 160w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=280&h=180 280w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=560&h=360 560w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=840&h=541 840w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=1120&h=721 1120w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=1680&h=1081 1680w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2021/03/image-from-rawpixel-id-583422-jpeg-14.jpg?func=bound&w=2240&h=1441 2240w)
Tera builds presence and networks in the markets where our portfolio companies want to expand to – the UK, the US, and Asia. With presence in Estonia, Finland, and California, Tera Ventures is supported by a global advisory network and provides portfolio companies with access to expertise and hands-on support necessary to grow from seed stage to successful exit.