Polybiotics Receives $175,000 New Funding Round

  • Feed Type
  • Date
    5/7/2010
  • Company Name
    Polybiotics
  • Mailing Address
    3040 Whitney Avenue Hamden, CT 06518
  • Company Description
    PolyBiotics has invented a device that deposits medicine into a periodontal pocket (space between the tooth and gum) using a twelve-shot multidose system, negating the need for dentists to change application tips, as is now done. This will revolutionize the treatment of gum disease, which causes a whole host of other potential systemic maladies.
  • Website
    Undisclosed
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $175,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The New funding will be used by the startup to develop marketing material, including a website, which it currently does not have, and to create a prototype device to start initial clinical work, according to Sean Cassidy, a financial consultant for PolyBiotics.
  • M&A Terms
  • Venture Investor
    Undisclosed

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