Tal Medical Obtains $14,000,000 Series B Funding Round

  • Feed Type
  • Date
    4/22/2015
  • Company Name
    Tal Medical
  • Mailing Address
    500 Boylston Street Boston, MA 02116 USA
  • Company Description
    Tal Medical is a clinical stage medical device company developing an innovative, neurostimulation based treatment for psychiatric disorders. Our ultimate goal and vision is to redefine the clinical paradigm in psychiatry, in a similar way as medical devices have done in oncology, cardiology and other clinical areas.
  • Website
    http://www.talmedical.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $14,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The Series B money should help the company answer clinical questions in the next year or so that could lead in 2016 to a so-called “pivotal” trial: the final step before FDA considers its worthiness for commercial use.
  • M&A Terms
  • Venture Investor
  • Venture Investor