Xconomy San Diego

America Stem Cell Receives $2,500,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=848ccc91-83e9-4f9f-8089-844f103f6c30&Preview=1
Date
7/16/2009
Company Name
America Stem Cell
Mailing Address
135 Chinquapin Avenue Carlsbad, CA 92008
Company Description
America Stem Cell, Inc. (ASC) is a privately held biotechnology company dedicated to the development and commercialization of enabling technologies to enhance and expand the therapeutic potential of stem cell transplants. The Company is engaged in the development of stem cell enabling technologies and the key technology platforms — ASC-101 and ASC-201 — are designed to improve the engraftment of stem cells to target organs and increase their therapeutic potential.
Website
http://www.americastemcell.com/
Transaction Type
Venture Equity
Transaction Amount
$2,500,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Texas Emerging Technology Fund