Tech Company Financing Transactions
Amaranth Medical Funding Round
Amaranth Medical, operating out of Mountain View, received $7.5 million from Edbi and CLS.
Transaction Overview
Company Name
Announced On
9/26/2006
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series A
Proceeds Purpose
The proceeds of this financing will be used to advance the
company's bio-absorbable stents into human clinic trials.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1145 Terra Bella Ave.
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Website
Email Address
Overview
Amaranth Medical was originally incorporated in 2005 to commercialize the research of Professors Freddy Boey and Subbu Venkatraman at the School of Materials Science and Engineering, Nanyang Technological University. The company has developed a stent for use in ameliorating blockage of theureter caused by diseases of the urinary tract.
Management Team
Title
Name
Email & Social
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