MBX Capital

Contraline Closes $10.7 Million Series A Financing to Become a Clinical Stage Company

Retrieved on: 
Wednesday, October 20, 2021

Contraline, Inc ., a venture-backed medical device company devoted to providing men and couples with long-lasting, safe, and effective male contraception, has closed $10.7 million in its Series A financing.

Key Points: 
  • Contraline, Inc ., a venture-backed medical device company devoted to providing men and couples with long-lasting, safe, and effective male contraception, has closed $10.7 million in its Series A financing.
  • The financing round was led by MBX Capital, a venture capital firm that invests in early-stage healthcare and life sciences companies.
  • Contraline has received ethics approval from the Human Research Ethics Committee based in Melbourne, Australia to conduct the study.
  • Contraline, Inc. is a venture-backed medical device company devoted to providing men and couples with long-lasting, safe, and effective contraception.