Cervel Neurotech, a privately held medical device company based in Foster City, Calif., is pioneering a non-invasive, non-pharmacologic and non-systemic treatment for psychiatric and neurologic illnesses. The magnetic coils are uniquely designed to allow steering of the magnetic fields through multiple, specific brain regions associated with the symptoms of a particular disorder. Cervel's Steerable TMS(TM) technology avoids unintended stimulation of areas not associated with the disorder.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
04/23/13 | $14,100,000 |
Aberdare Ventures D.E. Shaw Ventures | undisclosed |