CytoSorbents Receives $1.1 Million in Non-Dilutive Funding from the New Jersey Business Tax Certificate Transfer Program
Amount Raised
$1 Million
Round Type
Seed
Monmouth JunctionManufacturingBiotechnologyHealth CareDescription
CytoSorbents Corporation (NASDAQ: CTSO), a critical care immunotherapy leader commercializing its CytoSorb® blood purification technology to treat cytokine storm and deadly inflammation in critically-ill and cardiac surgery patients around the world, today announced that it has received $1,092,698, net of transaction costs, in non-dilutive funding as an approved participant of the Technology Business Tax Certificate Transfer Program sponsored by the New Jersey Economic Development Authority (NJEDA).
Quick answer
CytoSorbents Corporation raised $1 Million in a Seed round, dated April 29, 2020. CytoSorbents Corporation is based in Monmouth Junction, New Jersey, United States.
- How much did CytoSorbents Corporation raise?
- CytoSorbents Corporation raised $1 Million in a Seed round on April 29, 2020.
- What does CytoSorbents Corporation do?
- CytoSorbents Corporation (NASDAQ: CTSO) is a New Jersey-based company involved in the R&D and commercialization of medical devices using its proprietary polymer adsorption technology.
- Where is CytoSorbents Corporation based and how big is it?
- CytoSorbents Corporation is based in Monmouth Junction, New Jersey, United States. Fundz records about 201 employees.
- Who are the decision-makers at CytoSorbents Corporation?
- Fundz holds 1 contact at CytoSorbents Corporation, including the CEO . Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Biotechnology around the same time
Companies in the same sectors as CytoSorbents Corporation that raised within 45 days of this round, from Fundz verified event records.
- Cerenome, Inc. raised $300K (Seed) on May 22, 2020.
- Novabay raised $1K on May 22, 2020.
- AseptiScope, Inc. raised $4.2M (Seed) on May 20, 2020.
- Shape Memory Medical raised $5.8M on May 18, 2020.
- Helus Pharma raised $477K on May 5, 2020.
- Novabay raised an undisclosed amount on May 1, 2020.
Who to call at CytoSorbents Corporation, and when
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Related People
CytoSorbents Corporation raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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