MoMelan Technologies Secures $3,500,000 Series A Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=454e8c2c-e4f0-43a9-a8eb-eb177634ce48&Preview=1 -
Date
5/12/2011 -
Company Name
MoMelan Technologies -
Mailing Address
Undisclosed Cambridge, MA 02421 -
Company Description
The company is developing a device to treat skin disorders by expanding the surface area of skin grafts. -
Website
http://www.momelan.com -
Transaction Type
Venture Equity -
Transaction Amount
$3,500,000 -
Transaction Round
Series A -
Proceeds Purposes
The company will use the Series A money to further develop its device and conduct clinical studies, with the goal of a limited market release in the next 18 months. -
M&A Terms
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Venture Investor
Life Science Angels -
Venture Investor
Undisclosed
