Tech Company Financing Transactions
electroCore Funding Round
electroCore, based in Basking Ridge, scored $70 million in funding from American Investment Holdings, Core Ventures Group and Knoll Capital Management.
Transaction Overview
Company Name
Announced On
11/30/2017
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series B
Investors
Proceeds Purpose
The proceeds of this Series B financing will be used for the commercial launch and expansion via scientific exploration of the company's gammaCore therapy into the primary headache market, as well as the continued clinical and scientific development of the company's non-invasive, vagus nerve stimulation (nVNS) therapy.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
150 Allen Rd. 201
Basking Ridge, NJ 07920
USA
Basking Ridge, NJ 07920
USA
Phone
Website
Email Address
Overview
Developing therapies that directly, and non-invasively, target nerve signal imbalances to restore normal neurological function.
Management Team
Title
Name
Email & Social
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We document every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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