Tech Company Financing Transactions
NeoGraft Technologies Funding Round
On 8/9/2011, NeoGraft Technologies raised $5 million in financing from private investors.
Transaction Overview
Company Name
Announced On
8/9/2011
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new funds will be used to complete preclinical testing and development of the company's Angioshield technology for use in structural support of veins during heart bypass procedures.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
470 Constitution Dr.
Taunton, MA 02780
USA
Taunton, MA 02780
USA
Phone
Website
Email Address
Overview
NeoGraft Technologies is developing the Angioshield, a method of conformal deposit of a tunable biodegradable polymer composite as an adventitial wrap onto living vascular segments by electrospinning, without having an effect on tissue viability and function.
Management Team
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