Tech Company Financing Transactions
Madison Scientific Funding Round
Madison Scientific, based in Chicago, secured $7 million in funding from WARF and private investors.
Transaction Overview
Company Name
Announced On
3/18/2025
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Seed
Investors
WARF (Lead Investor)
Proceeds Purpose
The company intends to use the funds to grow its team, expand preclinical testing, and advance prototype development of its SmartShunt� Hydrocephalus Management System.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1623 W. Fulton St.
Chicago, IL 60612
USA
Chicago, IL 60612
USA
Phone
Undisclosed
Website
Email Address
Overview
Madison Scientific, Inc. (MadSci�) is an early-stage medical device company innovating solutions to improve care for individuals with hydrocephalus. The company's SmartShunt� Hydrocephalus Management System is designed to be an integrated solution for enabling personalized and informed hydrocephalus management. It features state-of-the-art SmartValve� technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tyler Wanke
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