Tech Company Financing Transactions
MoMelan Technologies Funding Round
On 5/12/2011, MoMelan Technologies raised $3.5 million in Series A financing from Life Science Angels and private investors.
Transaction Overview
Company Name
Announced On
5/12/2011
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Series A
Investors
Proceeds Purpose
The company will use the Series A money to further develop its device and conduct clinical studies, with the goal of a limited market release in the next 18 months.
Company Information
Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
90 Sherman Street
Cambridge, MA 02140
USA
Cambridge, MA 02140
USA
Phone
Undisclosed
Website
Email Address
Overview
The company is developing a device to treat skin disorders by expanding the surface area of skin grafts.
Management Team
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