Tibion Bionic Technologies Receives $10,175,000 New Funding Round

  • Feed Type
  • Date
    3/2/2011
  • Company Name
    Tibion Bionic Technologies
  • Mailing Address
    NASA Research ParkMS 19-46NBldg. 19 Moffett Field, CA 94035
  • Company Description
    Tibion develops bionic devices for those with loss of muscle function due to disease, injury, aging,
    or surgery.
  • Website
    http://www.tibion.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,175,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new funding will enable us to accelerate roll-out of the new interchangeable battery version of our wearable gait-rehabilitation robot, and to expand our sales and marketing programs.
  • M&A Terms
  • Venture Investor
    Three Arch Partners
  • Venture Investor
    Hambrecht & Quist Capital Management