Tech Company Financing Transactions
Tevosol Funding Round
Tevosol, based in Edmonton AB, secured $2 million in investment from private investors.
Transaction Overview
Company Name
Announced On
8/16/2019
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to complete a proof-of-concept human trial at the University of Alberta, expand its product engineering and industrial design team, and accelerate commercial development of its portable perfusion machine for lungs.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
10230 Jasper Ave. 4261 TEC Centre
Edmonton AB, T5J 4P6
Canada
Edmonton AB, T5J 4P6
Canada
Phone
Website
Email Address
Overview
Tevosol, Inc. is a medical device company developing the Ex-Vivo Organ Support System (EVOSS) with the goal of increasing the number of organs available for transplantation.
Management Team
Title
Name
Email & Social
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