Neurala Obtains $1,175,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8f444cbf-e811-4a43-a6bc-200624280155
Date
5/2/2016
Company Name
Neurala
Mailing Address
8 St. Mary’s Street Boston, MA 02215 USA
Company Description
Neurala develops neural software and hardware for a robot to be trained instead of explicitly programmed to perform tasks. Smarter robots are cheaper to develop, deploy, and reconfigure to execute more than one specialized task.
Website
http://www.neurala.com
Transaction Type
Debt
Transaction Amount
$1,175,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. 3 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
M&A Terms
Venture Investor
Undisclosed