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DynaTherm Medical Nets $7.25M First Round

Thursday, December 28, 2006 8:00:00 AM PDT | VentureDeal Staff

FREMONT, CA  -- DynaTherm Medical, Inc., a spinout from Japanese pharmaceutical company Kobayashi, announced the closing of its first round of financing, receiving $7,250,000 in new money.

The company was founded in 2002 to develop technology that it claims channels thermal energy non-invasively into the human body's core six times more quickly than other non-invasive methods.

Investors in the round were Sanderling Ventures and ArchAngel Bioventures, LLC.

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