Israel's Brainsway Ltd. lands $11.8 million in funding in support of its neurostimulators for treatment of neurological disorders. Israeli stimulation devices maker Brainsway (PINK:BRSYF) raised about $11.8 million (NIS 41 million) thanks to a private placement investment from Yelin Lapidot Investment House. In return, Yelin took nearly 5.5% of Brainsway's share capital and voting rights, Israel's Globes news source reported.
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