Carmenta Bioscience Secures Over $2 Million in Oversubscribed Seed Financing
8/7/2013 9:55:22 AM
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PALO ALTO, Calif.--(BUSINESS WIRE)--Carmenta Bioscience, Inc., a privately held medical technology company focused on maternal and fetal health, today announced it has secured over $2M in seed funding. Proceeds from the financing will support development and commercialization of a new, proprietary test to better diagnose and predict preeclampsia in pregnant women. The test is based on a worldwide, exclusive technology license from Stanford University. Arising in 5-8% of pregnant mothers, preeclampsia is a leading cause of both preterm birth and maternal and fetal death.
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