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Neurala Nabs Venture Capital Debt Funds

Tuesday, May 3, 2016 5:45:00 AM PDT | VentureDeal



Boston, Massachusetts  --  Robotics technology company Neurala has landed $1.175 million in venture capital debt funding, according to an SEC regulatory filing.

Neurala "develops neural software and hardware for a robot be trained instead of explicitly programmed to perform tasks."

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

A total of three investors participated in the offering.

Minimum investment size per investor was listed as $25,000.

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