Neuros Medical Obtains $8,000,000 Series A Funding

  • Feed Type
  • Date
    10/23/2009
  • Company Name
    Neuros Medical
  • Mailing Address
    4230 Route 306 Willoughby, OH 44094
  • Company Description
    Neuros Medical is focused on developing neurostimulation therapies for unmet needs to patients worldwide. The Company’s platform technology, Nerve Block, provides patients with elimination of chronic pain and spasticity in a variety of applications including neuroma/residual limb pain with potential applications in cancer pain, diabetic neuropathy, cerebral palsy, multiple sclerosis, and stroke.
  • Website
    http://www.neurosmedical.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company will utilize the funding to commence product development, expand its management team,and complete clinical studies.
  • M&A Terms
  • Venture Investor
    North Coast Angel Fund
  • Venture Investor
    Glengary
  • Venture Investor
    Ohio TechAngels Fund
  • Venture Investor
    Queen City Angels
  • Venture Investor
    Undisclosed

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