Tech Company Financing Transactions
Synchron Funding Round
Synchron, based in Campbell, secured $75 million from Arch Venture Partners, Alumni Ventures and Bezos Expeditions.
Transaction Overview
Company Name
Announced On
12/15/2022
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Series C
Investors
Proceeds Purpose
The funding will accelerate development of Synchron's first platform product (Synchron Switch� BCI), and launch a pivotal clinical trial. Ari Nowacek from ARCH Venture Partners will join Synchron's Board of Directors, and ARCH Co-Founder and Managing Director Robert Nelsen will join as Board Observer.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1999 S. Bascom Ave. 700
Campbell, CA 95008
USA
Campbell, CA 95008
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Synchron, a US based neural interface company, is developing the STENTRODE, the world's first endovascular electrode array. The STENTRODE is a minimally invasive implantable device designed to interpret signals from the brain.
Profile
Social Media
Company News
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Management Team
Title
Name
Email & Social
Chairman
Martin Dieck
Chief Executive Officer
Thomas Oxley
Chief Technical Officer
Nicholas Opie
VP - Bus. Development
Rahul Sharma
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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