Soft Tissue Regeneration Garners $5,000,000 New Funding Round

  • Feed Type
  • Date
    1/6/2014
  • Company Name
    Soft Tissue Regeneration
  • Mailing Address
    142 Temple Street New Haven, CT 06510
  • Company Description
    Soft Tissue Regeneration has developed and preliminarily tested a potential breakthrough technology for soft tissue regeneration of the anterior cruciate ligament of the knee.
  • Website
    http://www.softtissueregeneration.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The $5 million financing commitment will permit STR to complete its European Phase I clinical study and continue the FDA regulatory process for the Company’s L-C Ligament®, a bioresorbable, implantable scaffold for the repair and regeneration of an injured or torn anterior cruciate ligament (“ACL”).
  • M&A Terms
  • Venture Investor
    Connecticut Innovations
  • Venture Investor
    LaunchCapital
  • Venture Investor
    The Vertical Group

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