Tech Company Financing Transactions
Nanochon Funding Round
On 5/6/2024, Nanochon raised $4 million in Seed financing from Alumni Ventures, cultivate(MD) and Mountain State Capital.
Transaction Overview
Company Name
Announced On
5/6/2024
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to initiate its first in human clinical trials in the US in 2024, deepen research and development efforts, expand its patent profile and grow its team.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
7144 13th Place Northwest 2200
Washington, DC 20012
USA
Washington, DC 20012
USA
Phone
Undisclosed
Website
Email Address
Overview
Nanochon's mission is to develop a new approach to treat cartilage replacement and repair so that the hundreds of thousands of young, active patients with knee damage can return to their lifestyles without having to undergo costly and invasive short-term fixes. Founded in 2016, our technology is a minimally-invasive early intervention that could help avert the need for total knee replacement.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benjamin Holmes
Chief Financial Officer
Matthew Scherer
Chief Technical Officer
Nathan Castro
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