Tech Company Financing Transactions
Motif Neuro Funding Round
Motif Neuro, operating out of Houston, secured $18.8 million from Arboretum Ventures, Capital Factory and Divergent Capital.
Transaction Overview
Company Name
Announced On
1/24/2024
Transaction Type
Venture Equity
Amount
$18,750,000
Round
Series A
Investors
Proceeds Purpose
Funds will be used to bring Motif's leading technology, a miniature implantable brain stimulator called DOT, into a first clinical study for patients whose depression doesn't respond to antidepressants.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
702 Marshall Street
Houston, TX 77006
USA
Houston, TX 77006
USA
Phone
Undisclosed
Website
Email Address
Overview
We envision a world where everyone with a mental health disorder can get well and stay well, regardless of who you are, where you live, or how much money you make
Management Team
Title
Name
Email & Social
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