Healionics Corp. Secures $1,700,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=efab03b7-5742-45f7-b39c-a023ec929f7e&Preview=1
Date
1/29/2008
Company Name
Healionics Corp.
Mailing Address
14787 NE 95th Street Redmond, WA 98052
Company Description
Healionics Corporation provides biomaterial solutions to research
institutions and medical device manufacturers seeking to enhance the
biocompatibility and performance of current and next generation
devices.
Website
http://www.healionics.com
Transaction Type
Venture Equity
Transaction Amount
$1,700,000
Transaction Round
Series A
Proceeds Purposes
Rob Brown, Chief Executive Officer of Healionics said, “These funds will be used specifically to scale up the STAR material manufacturing process, to expand and accelerate preclinical studies of STAR materials and to advance our business development activities.”
M&A Terms
Venture Investor
Undisclosed