Cadence Neuroscience Secures $26 Million In Series B Financing For Clinical Trials Of Epilepsy Neuromodulation Therapy
PRIVATEMay 17, 2023
Amount Raised
$26 Million
Round Type
Series B
SammamishBiotechnology
Investors
Kevin Chu Of F Prime CapitalGerry Brunk Of Lumira VenturesJazz Venture PartnersMayo ClinicSpectrum Financial ServicesAngelini VenturesLiva Nova UsaF Prime CapitalAngelini Lumira Biosciences Fund
Description
Cadence Neuroscience announced today that it has secured $26 million in Series B financing. The round was led by Angelini Lumira Biosciences Fund (co-managed by Lumira Ventures and Angelini Ventures) and included other new investors F-Prime Capital, LivaNova USA, Angelini Ventures, Spectrum Financial Services, and Mayo Clinic, as well as the company's Series A lead investor JAZZ Venture Partners. Gerry Brunk of Lumira Ventures and Kevin Chu of F-Prime Capital have joined the company's board of directors.
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Company Information
Company
Cadence Neuroscience
Location
2036 223RD PLACE NE
Sammamish, Washington, United States
About
Cadence Neuroscience is a medical device company developing new therapies for the treatment of epilepsy and other neurological disorders. The company's core technology was developed at Mayo Clinic and is under clinical evaluation. Founded in 2017 and headquartered in Redmond, Washington, Cadence is led by seasoned executives with extensive backgrounds in neural implant product development and clinical studies.
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