FundedIQ
Biotechnology

Nexstim: Funding, Investors & Team (Sep 2026)

Nexstim is a medical device company focused on image-guided transcranial magnetic stimulation, dedicated to enhancing the lives of patients with unmet clinical needs. Their SmartFocus TMS technology is tailored for treating major depressive disorder. Established in 2000, Nexstim is based in Helsinki, Southern Finland.

www.nexstim.com LinkedIn Helsinki, Finland 11-50 employees
Biotechnology Health Care Health Diagnostics Medical Device Therapeutics
Total raised
$1.6M
Rounds
1
Latest
Undisclosed round
Jun 2024

Nexstim has raised $1.6M across 1 funding round on record, the most recent an undisclosed round of $1.6M announced in Jun 2024.

That round is below the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Nexstim Company Profile and Key Stats

Total funding raised
$1.6M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$1.6M in Jun 2024
Employees
11-50
reported band
Headquarters
Helsinki, Finland

Latest funding round on record: Jun 2024.

Nexstim Funding Rounds

Date
Round
Amount
Undisclosed round
$1.6M

Nexstim Founders and Leadership Team

Name
Role
Contact
Pekka Puolakka
Founder

No contact details are on record for this team yet.

Nexstim Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
368
$5.2M

Nexstim's latest round of $1.6M is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Nexstim Funding FAQs

What does Nexstim do?

Nexstim is a medical device company focused on image-guided transcranial magnetic stimulation, dedicated to enhancing the lives of patients with unmet clinical needs. Their SmartFocus TMS technology is tailored for treating major depressive disorder. Established in 2000, Nexstim is based in Helsinki, Southern Finland.

How much funding has Nexstim raised?

Nexstim has raised $1.6M across 1 round on record. The most recent is an undisclosed round of $1.6M announced in Jun 2024.

When did Nexstim last raise funding?

Nexstim's most recent funding round on record is an undisclosed round of $1.6M, announced in Jun 2024.

Who founded Nexstim?

FundedIQ lists Pekka Puolakka (Founder) at Nexstim.

Where is Nexstim headquartered?

Nexstim is based in Helsinki, Southern Finland, Finland.

How many employees does Nexstim have?

Nexstim is in the 11-50 employee band.

How does Nexstim's funding compare to other Biotechnology startups?

Nexstim's latest round of $1.6M is below the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's Nexstim Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Nexstim is left off this page rather than filled in.

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