Tech Company Financing Transactions
NovoPedics Funding Round
NovoPedics, operating out of Somerset, raised $500 thousand from Foundation Venture Capital Group.
Transaction Overview
Company Name
Announced On
4/20/2013
Transaction Type
Venture Equity
Amount
$500,000
Round
Undisclosed
Investors
Foundation Venture Capital Group (George Heinrich)
Proceeds Purpose
NovoPedics will use the funds to its development of an implantable meniscus replacement/regeneration medical device.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
Undisclosed
Somerset, NJ 08873
USA
Somerset, NJ 08873
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The company's first product, Meniscofix�, is a biodegradable polymer, fiber-reinforced scaffold for total meniscal replacement.
Management Team
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Where The Data Comes From
We report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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