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CorMatrix Cardiovascular Nets New Venture Capital

Tuesday, January 20, 2015 5:33:00 AM PDT | VentureDeal
   Roswell, Georgia  --  Medical device technology company CorMatrix Cardiovascular has landed $750,000 in new investment, according to an SEC regulatory filing.

CorMatrix is developing "biomaterial devices that harness the body's own innate ability to repair damaged heart tissue."

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

CorMatrix had previously raised $250,000 in early 2014 and $24.6 million in October 2013.

The company is still seeking $24 million in additional investment, according to the filing.

Minimum investment size per investor is listed at $500,000.

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PCI - Level1