480 Biomedical Secures $1,200,000 Series C Financing Round

  • Feed Type
  • Date
    6/18/2015
  • Company Name
    480 Biomedical
  • Mailing Address
    480 Arsenal Street Watertown, MA 02472 USA
  • Company Description
    The 480 Biomedical Stanza scaffold technology combines biocompatible materials with innovative engineering for optimal balance of radial force, flexibility and bioresorbability. Our proprietary scaffold is also ideal for controlled delivery of drug for up to several months.
  • Website
    http://www.480biomedical.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,200,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The Broadview funds will support the development of a bioresorbable scaffold to treat children with pulmonary artery stenosis (PAS), a narrowing in the branches of the pulmonary artery that reduces blood flow to the lungs and can lead to heart failure.
  • M&A Terms
  • Venture Investor

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