Add-on Acquisition • Medical Products

MoodSpark Acquires Dthera Sciences

On May 11, 2022, MoodSpark acquired medical products company Dthera Sciences

Acquisition Context
  • This is MoodSpark’s 1st transaction in the Medical Products sector.
  • This is MoodSpark’s 1st transaction in the United States.
  • This is MoodSpark’s 1st transaction in California.

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M&A Deal Summary

Date May 11, 2022
Target Dthera Sciences
Sector Medical Products
Buyer(s) MoodSpark
Deal Type Add-on Acquisition

Target Company

Dthera Sciences

San Diego, California, United States
Dthera Sciences is a digital therapeutic company that had developed an FDA breakthrough-designated device for the treatment of the behavioral symptoms of Alzheimer's Disease. The company was focused on improving the lives of seniors and individuals suffering from neurodegenerative diseases, as well as those who care for them. It is our hope that some of the early advances made by Dthera Sciences in digital therapeutics will help others to succeed in developing digital tools that meaningfully impact Alzheimer's patients and their families. Dthera Sciences is based in San Diego, California,
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Buyer Overview 1

Buyer

MoodSpark

Kansas City, Kansas, United States

Category Company
Founded 2020
Sector Consumer Products
DESCRIPTION

MoodSpark is a digital companion that detects grief and uplifts with memories, conversations and video visits from friends, family, and caregivers. This robotic assistive technology is purpose-built to provide digitally enhanced support and companion care for the elderly. MoodSpark was formed in 2020 and is based in Kansas City, Kansas.


Deal Context for Buyer #
Overall 1 of 1
Sector: Medical Products 1 of 1
Type: Add-on Acquisition 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2022 1 of 1