Tech Company Financing Transactions
Bionaut Labs Funding Round
On 3/5/2021, Bionaut Labs raised $20 million in financing from Khosla Ventures, Bold Capital Partners and Compound Ventures.
Transaction Overview
Company Name
Announced On
3/5/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Khosla Ventures (Lead Investor)
Upfront Ventures (Kevin Zhang)
Proceeds Purpose
The company will continue to use the funding to demonstrate that the microscale robots work now in large animals and eventually for human clinical trials.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
3767 Overland Ave. 114
Los Angeles, CA 90034
USA
Los Angeles, CA 90034
USA
Phone
Website
Email Address
Overview
Bionaut Labs revolutionizes the treatment of central nervous system disorders with its precision medicine treatment modality. By creating a new medical modality of remote-controlled micro-robots called Bionauts, the company can transform the way the biopharmaceutical industry develops treatments, allowing them to engineer the therapeutic index forefficacy.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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