Tech Company Financing Transactions

Apnex Medical Funding Round

Domain Associates, New Enterprise Associates and Polaris Partners joined a $14 million capital raise for Apnex Medical. The financing round was announced on 12/3/2009.

Transaction Overview

Company Name
Announced On
12/3/2009
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Undisclosed
Proceeds Purpose
The funds will be used to complete a clinical study and develop a second generation of its proprietary implantable technology designed to treat obstructive sleep apnea (OSA).

Company Information

Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
2890 Centre Pointe Dr.
St. Paul, MN 55113
USA
Email Address
Overview
APNEX Medical is the second spin-out company of Prospex Medical, Inc., a medical device incubator founded in 2005 by Michael Berman, Robert Atkinson, and Chad Kugler. The company is developing a medical device using active implantable technology to treat obstructive sleep apnea.
Profile
Apnex Medical LinkedIn Company Profile
Social Media
Apnex Medical Company Twitter Account
Company News
Apnex Medical News
Facebook
Apnex Medical on Facebook
YouTube
Apnex Medical on YouTube

Management Team

Title
Name
Email & Social
Founder
Robert Atkinson
  Robert Atkinson LinkedIn Profile  Robert Atkinson Twitter Account  Robert Atkinson News  Robert Atkinson on Facebook
VP - R & D
Steve Bolea
  Steve Bolea LinkedIn Profile  Steve Bolea Twitter Account  Steve Bolea News  Steve Bolea on Facebook
VP - Regulatory Affairs
Ginny Kirby
  Ginny Kirby LinkedIn Profile  Ginny Kirby Twitter Account  Ginny Kirby News  Ginny Kirby on Facebook


 

 

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Prev: 12/2/2009: Contour Semiconductor venture capital transaction
Next: 12/3/2009: HiBeam Internet & Voice venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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