Categories: Funding

Advanced NanoTherapies Nabs $5.3M Seed

Advanced NanoTherapies, a privately-held medical device company committed to exploring nanotechnology for enhanced drug uptake and sustained retention, today announced it has closed on the final tranche of its seed-round financing for a total of $5.3 million as a result of achieving a successful pre-clinical milestone. Funding came from a variety of angel investment sources in the US, Canada, Europe, Asia, and the Middle East, including venture funding from Cleveland Clinic and ForMed Ventures of Taiwan.

Co-founded by Marwan Berrada-Sounni, Advanced NanoTherapies is a highly specialized medical device company that is developing a nanoparticle technology-based platform for drug delivery. The company is currently focused on cardiovascular and endovascular applications to bring a safer therapeutic option to patients with PAD using Sirolimus-coated angioplasty balloons. To learn more about Advanced NanoTherapies, visit www.AdvNanoT.com.

Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/Advanced%20NanoTherapies/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co

Arpit Jain

Based in Japan and India. Has led to 1 successful fundraise in Japan. Been working the space of Venture Capital and Private Equity for the last 3 years.

Leave a Comment
Share
Published by
Tags: INVC

Recent Posts

Commentary on HealthTech Startups in Singapore

Singapore has always had a progressive healthcare system with prioritizing innovative solutions to the existing…

3 years ago

What are Ponzi Schemes?

A Ponzi scheme is a fraudulent investment scheme that aims to give its investors high…

3 years ago

Commentary on Prop Tech in China

According to the Global Prop tech Survey, 2019 published by KPMG one of the key…

3 years ago

How do shell companies operate?

In April 2016, the world witnessed one of the biggest information leaks in history, consisting…

3 years ago

Singapore based cybersecurity company Silent Eight raises $8.8M

Silent Eight a global technology company that helps combat money laundering and terrorism financing using…

3 years ago

Retail-tech startup Gully Network Raises $1.2 Million

Indian startup Gully Network Retail Pvt Ltd, a retail-tech startup focused on providing services to…

3 years ago