Tag: traumatic brain injury

Renovo Concepts Raises $6.4M Series A Funding for Traumatic Brain Injury Device
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Renovo Concepts Raises $6.4M Series A Funding for Traumatic Brain Injury Device

The San Antonio medical device company Renovo Concepts announced the completion of its $6.4 million Series A preferred stock fundraising round Thursday. Renovo is developing a way to reduce the damage caused by inflammation setting in after severe traumatic injuries to the brain (TBI) with its Mechanical Tissue Resuscitation (MTR) device.The round was oversubscribed, as the company raised approximately $6.4 million in new money on a stated $6 million offering. Proceeds from this funding round are being used primarily to fund product development, initial manufacturing, and safety human clinical trials. The funds will enable Renovo to get its device through the testing evaluations required by the U.S. Food and Drug Administration. After that point, Renovo will then pursue clinical trial...
Renovo Concepts Raises Series A Funding for Traumatic Brain Injury Device
Articles, Featured

Renovo Concepts Raises Series A Funding for Traumatic Brain Injury Device

Head injuries — whether from a fall, car accident, during sports, or on the battlefield — can happen to anyone at any time, causing a traumatic brain injury (TBI). According to the National Institute of Neurological Disorders and Stroke, little can be done to reverse the initial brain damage caused by swelling after head trauma.That's why one San Antonio medical device company is developing a way to reduce the damage caused by inflammation setting in after severe traumatic injuries to the brain. Renovo Concepts is commercializing its Mechanical Tissue Resuscitation (MTR) device.Surgeons use the device to prevent the secondary impacts from reduced blood flow and tissue death caused by inflammation in cases of severe traumatic injuries to the brain, heart, and spine. The Mechanical ...