Stealthy Capillary Biomedical reached its $100,000 fundraising target


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.

Offering recap
Status: Completed
Company: Capillary Biomedical
Industry: Manufacturing
Amount offered: $100,000
Amount placed: $100,000
First sale: 05-06-2014
Data as of: 05-06-2014

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