Cervel Neurotech
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Contact Information
Overview
Cervel Neurotech, Inc. (formerly NeoStim, Inc.) located in San Mateo, CA is a privately held medical device company that is pioneering an innovative, proprietary approach to non-invasive deep brain neuro-modulation. Cervel’s technology is a form of repetitive transcranial magnetic stimulation (rTMS) which uses magnetic fields to induce electrical currents within the brain to modulate the function of specific areas. The company was founded in 2008 by M. Bret Schneider, MD, and David J. Mishelevich, MD, PhD, and entrepreneur Michael J. Partsch, using technology licensed from Stanford Univesity.
Acquired by Rio Grande Neurosciences in 2015
About
Industries
Biotechnology, Health Care, Medical, Medical Device, Neuroscience
Founded
2008
Employees
11-50
Headquarters locations
Redwood City, California, United States, North America
Social
Profile Resume
Cervel Neurotech headquartered in United States, North America, operates in the Biotechnology, Health Care, Medical, Medical Device, Neuroscience sector. The company focuses on Biotechnology and has secured $6.8B in funding across 160 round(s). With a team of 11-50 employees, Cervel Neurotech is actively contributing to advancements in Biotechnology. Their latest funding round, Venture Round - Cervel Neurotech, raised $14.1M. Discover more about their projects, partnerships, and impact on our platform.
Employees
N/A
Funding Rounds
Funding rounds
8
Investors
2
Lead Investors
0
Total Funding Amount
$42.5M
Details
2
Cervel Neurotech has raised a total of $42.5M in funding over 2 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2008 | Early Stage Venture | 1.5M | ||
| 2010 | Early Stage Venture | 7.5M |
Investors
Cervel Neurotech is funded by 8 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Aberdare Ventures | - | FUNDING ROUND - Aberdare Ventures | 14.1M |
| Alex Wong | - | FUNDING ROUND - Alex Wong | 14.1M |
| Cervel Neurotech | - | FUNDING ROUND - Cervel Neurotech | 14.1M |
| D. E. Shaw & Co. | - | FUNDING ROUND - D. E. Shaw & Co. | 14.1M |
Recent Activity
Funding Round
Nov 28, 2014
Cervel Neurotech raised $1000000 on 2014-11-28 in Venture Round
Funding Round
Jun 06, 2014
Cervel Neurotech raised $11100000 on 2014-06-06 in Venture Round
Funding Round
Apr 22, 2013
Cervel Neurotech raised $14100000 on 2013-04-22 in Venture Round
Funding Round
Jan 03, 2013
Cervel Neurotech raised $3300000 on 2013-01-03 in Debt Financing
Funding Round
Jan 06, 2012
Cervel Neurotech raised $3000000 on 2012-01-06 in Debt Financing