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Nico Raises $12.5 Million In Oversubscribed Investment Round

PRIVATEOct 27, 2022

Amount Raised

$12.5 Million

Round Type

Venture

IndianapolisHealthcare

Description

NICO Corporation completed a $12.5 million capital raise in an oversubscribed round that will scale the business and leverage continued progress on the company's recently completed adaptive clinical trial for intracerebral hemorrhage (ICH) and new partnership in functional precision oncology for patients with deadly treatment-resistant GBM. NICO's target markets within neurosurgery are experiencing a major shift toward minimally invasive surgery (MIS) approaches, making them attractive markets based on size, patient need and opportunity. The company reported 25 percent revenue growth in 2021 and is on pace for similar growth this year.

Quick answer

NICO Corporation raised $12.5 Million in a funding round, dated October 27, 2022. NICO Corporation is based in Indianapolis, Indiana, United States.

How much did NICO Corporation raise?
NICO Corporation raised $12.5 Million in a funding round on October 27, 2022.
What does NICO Corporation do?
Nico Corporation is a company specializing in providing a systematic approach to minimally invasive surgery for tumour and intracerebral haemorrhage (ICH) procedures.
Where is NICO Corporation based and how big is it?
NICO Corporation is based in Indianapolis, Indiana, United States.
Who are the decision-makers at NICO Corporation?
Fundz holds 1 contact at NICO Corporation, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare around the same time

Companies in the same sectors as NICO Corporation that raised within 45 days of this round, from Fundz verified event records.

  • Rebuild Health Management raised $3.8M (Seed) on December 9, 2022.
  • Vytal Health LLC raised $8.4M on December 9, 2022.
  • Sedalia Retirement raised $4.8M (Seed) on December 9, 2022.
  • Sheer Health raised $3.5M (Seed) on December 8, 2022.
  • Piraeus Medical raised $150K on December 8, 2022.
  • Pharmaceutics International, Inc. raised $3M (Seed) on December 8, 2022.

Who to call at NICO Corporation, and when

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Company Information

Company

NICO Corporation

Location

250 E 96TH STREET

Indianapolis, Indiana, United States

About

Nico Corporation is a company specializing in providing a systematic approach to minimally invasive surgery for tumour and intracerebral haemorrhage (ICH) procedures. Their BrainPath and Myriad products enable a treatment option for ICH, a deadly form of stroke, that provides improved functional outcomes compared to guideline-based medical management alone.

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Related People

1 contact
Verified contactsJim P., Executive Officer, DirectorSee plans and pricing
Predictive Intelligence
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NICO 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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