Syncro Medical Innovations Lands $500,000 New Financing Round

  • Feed Type
  • Date
    5/11/2011
  • Company Name
    Syncro Medical Innovations
  • Mailing Address
    20 W. Federal Street Youngstown, OH 44503
  • Company Description
    The Syncro Blue Tube contains magnets and a magnetic field sensor at the distal end, connected to a light indicator at the proximal end of the tube. A hand-held external steering magnet is used to maneuver the tube to the end of the duodenum and through the pyloric sphyncter. The light indicator signals when the external magnet has captured the tube’s magnets. Successful duodenal placement of the Syncro Blue Tube is performed at the patient’s bedside without the need for fluoroscopy, endoscopy or medications.
  • Website
    http://syncromedicalinnovations.com
  • Transaction Type
    Debt
  • Transaction Amount
    $500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed

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