# Corundum Open Innovations

> Corundum Open Innovations is a VC fund in Herzliya backing Medical and Neuroscience. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Herzliya, Israel
- Total investments: 2
- Last investment: Aug 2022
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://www.corundumoi.com/

Corundum Open Innovations is a venture capital firm that invests in ICT and life sciences companies and funds.It provides access to the high-tech ecosystem and hands-on business development for investors and portfolio companies. The firm's portfolio companies enjoy market insights and go–to–market strategies and introductions to top talentand key business partners.The Herzelia, Tel Aviv-headquartered firm was launched in 2015.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Medical | 1 | 50% |
| Neuroscience | 1 | 50% |
| Therapeutics | 1 | 50% |
| Biotechnology | 1 | 50% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 50% |
| Series C | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Theranica | Theranica is a medical device company that has combined neuromodulation therapy with modern wireless technology to develop proprietary wearable solutions that address various medical conditions and disease states. The noninvasive and therapeutic 'smart' patches are controlled by a smartphone app to allow for personalized, portable, andaffordable care. The patch consists of a proprietary 'smart' chip that delivers electrical pulses to neuro-modulate the sensory nerves under the skin. The first application of the technology is for treatment of migraine headaches. | $45M | Series C | Aug 29, 2022 |  |
| Theranica | Theranica is a medical device company that has combined neuromodulation therapy with modern wireless technology to develop proprietary wearable solutions that address various medical conditions and disease states. The noninvasive and therapeutic 'smart' patches are controlled by a smartphone app to allow for personalized, portable, andaffordable care. The patch consists of a proprietary 'smart' chip that delivers electrical pulses to neuro-modulate the sensory nerves under the skin. The first application of the technology is for treatment of migraine headaches. | $6M | Series A | Jul 03, 2017 |  |

2 of 2 investments shown.

## Co-investors
- [Lightspeed Venture Partners](https://shizune.co/investors/profile/lightspeed-venture-partners) — VC Fund, 2 deals together
- [LionBird](https://shizune.co/investors/profile/lionbird) — VC Fund, 2 deals together
- [aMoon Fund](https://shizune.co/investors/profile/amoon) — VC Fund, 1 deal together
- [New Rhein](https://shizune.co/investors/profile/new-rhein-healthcare) — VC Fund, 1 deal together
- [Takoa Invest](https://shizune.co/investors/profile/takoa-invest) — VC Fund, 1 deal together
- [Vivo Capital](https://shizune.co/investors/profile/vivo-capital) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Corundum Open Innovations invest in?

Corundum Open Innovations invests primarily in Medical, Neuroscience and Therapeutics startups, most often at Series A and Series C stage. Most of the 2 investments tracked by Shizune back companies in Israel. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Corundum Open Innovations last invest?

The most recent investment recorded for Corundum Open Innovations closed in Aug 2022. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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