Tech Company Financing Transactions
Tal Medical Funding Round
Tal Medical, based in Boston, secured $14 million in investment from PureTech Ventures and private investors.
Transaction Overview
Company Name
Announced On
4/22/2015
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series B
Investors
Proceeds Purpose
The Series B money should help the company answer clinical questions in the next year or so that could lead in 2016 to a so-called "pivotal" trial: the final step before FDA considers its worthiness for commercial use.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
501 Boylston St. 6201
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Website
Email Address
Overview
Tal Medical is a clinical stage medical device company developing an innovative, neurostimulation based treatment for psychiatric disorders. Our ultimate goal and vision is to redefine the clinical paradigm in psychiatry, in a similar way as medical devices have done in oncology, cardiology and other clinical areas.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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