Novocor Medical Systems Obtains $1,000,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c2367ba8-6d19-4ea0-ac15-7c5d67cf94f7
Date
9/4/2013
Company Name
Novocor Medical Systems
Mailing Address
150 Fayetteville Street Raleigh, NC 27601 USA
Company Description
Novocor Medical Systems provides solutions that help Emergency Medical Service first responders save lives. Our patent pending product, HypoCore, is an innovative rapid chilling device for inducing therapeutic hypothermia in cardiac arrest, traumatic brain injury, heat stroke and heavily concussed patients to markedly improve patient survival rate.
Website
http://www.novocormed.com
Transaction Type
Venture Equity
Transaction Amount
$1,000,000
Transaction Round
Series A
Proceeds Purposes
The company will use to support development of its therapeutic hypothermia device.
M&A Terms
Venture Investor