Based on information filed with the SEC, Capillary Biomedical reported the successful subscription and close of its non-brokered equity financing. One financial backer invested $100,000 today. No offering was previously initiated by the company under a registration exemption with the SEC.
The medical device company is in stealth mode. It is lead by Paul Strama who was VP at another medical device start-up called GluMetrics which raised an estimated $69 million.
Capillary Biomedical, registered in 2014, is headquartered in Irvine CA. Revenues were not disclosed.
The executive team includes Bruce Feuchter and Paul Strasma.
Company: Capillary Biomedical
Amount offered: $100,000
Amount placed: $100,000
First sale: 05-06-2014
Data as of: 05-06-2014