Tech Company Financing Transactions
NICO Funding Round
NICO, operating out of Indianapolis, raised $12.5 million from River Cities Capital Funds and private investors.
Transaction Overview
Company Name
Announced On
10/27/2022
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Undisclosed
Investors
River Cities Capital Funds (Lead Investor)
Proceeds Purpose
The company intends to use the funds to scale the business and leverage continued progress on its recently completed adaptive clinical trial for intracerebral hemorrhage (ICH) and new partnership in functional precision oncology for patients with deadly treatment-resistant GBM.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
250 East 96th St. 125
Indianapolis, IN 46240
USA
Indianapolis, IN 46240
USA
Phone
Website
Email Address
Overview
The mission of NICO Corporation is to be the leader in the creation and delivery to the marketplace of breakthrough minimally invasive technologies for the access and removal of tissue abnormalities and delivery of in-situ adjuvant therapeutics within neurosurgery, neuro-interventional radiology, spinal surgery, and ENT.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 10/26/2022: Floryn venture capital transaction
Next: 10/27/2022: Joro venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs