Tech Company Financing Transactions
Rhaeos Funding Round
Steele Foundation for Hope, Creative Ventures and Lateral Capital joined a $10.5 million Series A funding round for Rhaeos. The round was announced on 2/17/2023.
Transaction Overview
Company Name
Announced On
2/17/2023
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to support the in-hospital launch of the FlowSense shunt monitor, a wireless, non-invasive thermal sensor that rapidly monitors shunt function in people with hydrocephalus.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
909 Davis St. 500
Evanston, IL 60201
USA
Evanston, IL 60201
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Rhaeos was founded in 2018 to address a critical unmet need in the care of patients with hydrocephalus. Arising from a collaboration between materials scientists and neurological surgeons at Northwestern University, we have developed a noninvasive thermal sensor for use in the monitoring of ventricular shunt function.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anna Somera
Chief Technical Officer
Chad Webb
President
John Rogers
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