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iotaMotion, Inc.

Robotic-assisted equipment helps surgeons place cochlear implants.

Updated Nov 11, 2026·Latest SEC filing Mar 9, 2026·Suggest an edit

About iotaMotion

iotaMotion is a private company based in St. Paul, Minnesota. It has reported $23,361,467 raised in seven offerings on Form D since October 2018. Its chief executive is Michael Lobinsky.

Funding Rounds (SEC Form D)

First saleFiled with SECAmount soldInvestorsAvg. checkTermsFiling
Feb 27, 2026Mar 9, 2026$1,900,004of $10.0M target1$1.9MDebt, Options, Securities on exerciseRule 506(b)Form D ↗
Jan 8, 2025Jan 15, 2025$6,431,502of $15.0M target25$257KEquityRule 506(b)Form D ↗
Mar 30, 2023Apr 13, 2023$8,509,999of $15.0M target56$151KEquityRule 506(b)Form D ↗
Jan 10, 2022Jan 18, 2022amended Mar 15, 2023$3,110,733fully sold47$66,186Equity, DebtRule 506(b)Form D/A ↗1 earlier filing
Feb 23, 2021Apr 27, 2021$1,200,180fully sold32$37,506Equity, DebtRule 506(b)Form D ↗
Apr 10, 2019Apr 17, 2019$100,000of $2.5M target1$100KDebtRule 506(b)Form D ↗
May 15, 2017Oct 9, 2018$2,109,049of $2.2M target19$111KEquityRule 506(b)Form D ↗
Total, seven offerings$23,361,467

First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.

Leadership Team

Executive officers and directors listed on iotaMotion's Form D filed Mar 9, 2026.

VB
Vinnie Bellante
EVP & General
ET
Eric Timko
Executive Chairman
JH
Jeff Hopkins
Director
MM
Marlan Hansen, MD
Co-founder & Chief Medical Officer, director
CN
Costa Nikou
Executive officer
MB
Mike Bushlack
Executive officer
MC
WW
Wayne Wallace
Co-Founder of Mutual Capital Partners and director
CM
Christopher Martin
President, Medical Devices at Research and director
Also a director at Motive Health.

Earlier filings also listed Christopher Kaufmann, MD MS (director, last listed Mar 2023) and Christopher Kaufmann (president and chief executive officer, director, last listed Apr 2021).

Sources

  1. SECiotaMotion, Inc. Form D, filed Jan 18, 2022
  2. SECiotaMotion, Inc. filing history
  3. CompanyAbout iotaMotion
  4. CompanyTerms and conditions
  5. PressiotaMotion patent announcement