Synapse Biomedical Obtains $433,000 New Funding

  • Feed Type
  • Date
    3/31/2010
  • Company Name
    Synapse Biomedical
  • Mailing Address
    300 Artino St. Oberlin, OH 44074
  • Company Description
    Synapse Biomedical Inc (SBI) was founded in September 2002 to commercialize the Diaphragm Pacing System that has been developed over a twenty-year period at Case Western Reserve University and the University Hospitals of Cleveland. The innovative research performed at these institutions has led to significant advances in the state of the art of electrical stimulation for the treatment of chronic respiratory insufficiency, e.g. a minimally invasive surgical technique coupled with a readily removable device.
  • Website
    http://www.synapsebiomedical.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $433,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Vivo Ventures