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Syntropic Medical secured €1.1M in a grant for drug-resistant depression treatment

PRIVATEJul 24, 2024

Amount Raised

€1.1 Million

Round Type

Grant

ViennaBiotechnologyHealth CareMedicalMedical Device

Investors

The Austrian Research Promotion Agency (Ffg)

Description

Syntropic Medical has raised €1.1 million in funding from The Austrian Research Promotion Agency (FFG) for its light-based brain stimulation device to treat drug-resistant neuropsychiatric disorders such as major depressive disorder. The company aims to provide a new treatment option for patients who have failed to achieve an adequate response from traditional pharmaceutical therapies.

Quick answer

Syntropic Medical raised €1.1 Million in a Grant round, dated July 24, 2024. Investors: The Austrian Research Promotion Agency (Ffg). Syntropic Medical is based in Vienna, Vienna, Austria.

How much did Syntropic Medical raise?
Syntropic Medical raised €1.1 Million in a Grant round on July 24, 2024.
Who invested in Syntropic Medical?
The Austrian Research Promotion Agency (Ffg) is named as investors in this round.
What does Syntropic Medical do?
Syntropic is a pre‑clinical stage medical device company developing new technologies that enhance the brain’s neuroplasticity, allowing for the treatment of psychiatric disorders and the improvement of cognition.
Where is Syntropic Medical based and how big is it?
Syntropic Medical is based in Vienna, Vienna, Austria.
Who are the decision-makers at Syntropic Medical?
Fundz holds 1 contact at Syntropic Medical. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Medical Device around the same time

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

  • HEPTA Medical raised $6.3M (Series A) on September 4, 2024.
  • Segmed raised $10M (Series A) on September 3, 2024.
  • Flyte raised $496K (Seed) on September 3, 2024.
  • Openwater raised $100M (Funding Round) on August 22, 2024.
  • Revolution-ZERO raised $321K (Funding Round) on August 16, 2024.
  • Neochord raised $914K (Seed) on August 16, 2024.

Who to call at Syntropic Medical, and when

A new round usually means Syntropic Medical is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Syntropic Medical

Location

Vienna, Vienna, Austria

About

Syntropic is a pre‑clinical stage medical device company developing new technologies that enhance the brain’s neuroplasticity, allowing for the treatment of psychiatric disorders and the improvement of cognition.

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Syntropic Medical 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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