Nota Laboratories Completes Venture Capital Funding Round Led By Pegasus Tech Ventures
09/15/22, 8:50 PM
Location
ann arborIndustry
software
NOTA Laboratories, a development stage company focused on proprietary nitric oxide (NO) delivery systems to treat a wide variety of serious respiratory and inflammatory illnesses, has just completed its second round of financing led by Pegasus Tech Ventures, a global venture capital firm based in Silicon Valley. This financing adds to the $4.3 million the Company has already secured from NIH for its nitric oxide generating technologies.
Company Info
Location
ann arbor, michigan, united states
Additional Info
NOTA has two patented platform technologies that inexpensively generate NO "on-demand." The Company's systems are compact and suitable for the hospital, clinic, and in-home/ambulatory use. NOTA's NOGEN™ System generates NO continuously for up to 6 months by the electrochemical reduction of nitrite, while the company's LANOR™ System uses light activated chemistry to produce NO from a filmstrip coated with a proprietary chemical mixture. LANOR™ is also small, lightweight and can be battery operated, making it ideal for both emergency and in-home use.