Arsenal Medical Obtains $16,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=56fe0401-5ce2-414f-8ef7-d120632a38d7
Date
6/2/2015
Company Name
Arsenal Medical
Mailing Address
480 Arsenal Street Watertown, MA 02172 USA
Company Description
Arsenal Medical’s AxioCore nanofiber drug delivery technology is an adaptable platform addressing a wide range of local drug delivery applications.
Website
http://www.arsenalmedical.com
Transaction Type
Venture Equity
Transaction Amount
$16,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The commitment from our investors has allowed us to reach our critical milestones across both organizations. The round included a conversion of existing debt.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor