MOWOOT — Series A · €1.05M incl. debt: equity and debt, the split was not disclosed

Barcelona medical-device company usMIMA, which trades under its product brand MOWOOT, closed the first tranche of its Series A at €1.05 million, with USM Global Corporation (a vehicle grouping Capital Cell crowdfunding investors), ENISA, German distributor 4M Medical GmbH and German business angels participating. MOWOOT treats chronic constipation and neurogenic bowel; the company aims to close a second tranche of up to €2.5 million within six months and has raised over €3.8 million to date.