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Galway’s Neurent Medical raises $25m in Series B round Neurent Medical founders David Townley and Brian Shields. Image: Neurent Medical The company will invest the funds in commercialising its device to treat chronic rhinitis. Galway medtech start-up Neurent Medical has raised $25m in a Series B round to fund its expansion into the US. Neurent develops a device, called Neuromark Rhinitis Neurolysis Therapy, for treating chronic inflammatory sino-nasal conditions. It is now seeking clearance from the Food and Drug Administration (FDA) to commercialise its product in the US market. The fundin...

Neurent Medical, which pioneers treatments for chronic inflammatory sino-nasal diseases, today said it has closed a $25m Series B financing round.

Deals of the Week, January 8 to 15 – Growth Business roundup 15 Jan 2021 Growth Business roundup of Deals of the Week, January 8 to 15, listing seed funding, venture capital and crowdfunding deals of note £6.5m rolls in for used car management company IT Fleet Automotive, a managing company for used car programmes of several major manufacturers in UK, has received a £6.5m facility comprising a £4.5m receivables finance line, together with an additional £2m CBILS term loan from Arbuthnot Commercial ABL. The combined refinance package provides further liquidity for the busi...

In a bid to boost the horsepower of its mobile silicon, Qualcomm said Tuesday that it plans to buy a Bay Area semiconductor startup Nuvia, founded by key former Apple chip designers, for $1.4 billion. The move highlights Qualcomm’s efforts to deliver top performing core processors not only for

In a bid to boost the horsepower of its mobile silicon, Qualcomm said Tuesday that it plans to buy a Bay Area semiconductor startup Nuvia, founded by key former Apple chip designers, for $1.4 billion. The move highlights Qualcomm’s efforts to deliver top performing core processors not only for