Nasseo, Inc., a San Diego, CA-based medical device company, closed a $520k seed financing round.
Backers included BioInspire, a medical technology incubator, along with an unnamed internationally known dentist.
Co-Founded by Dr. Garrett Cale Smith, CEO, and COO, Nasseo uses proprietary surface modification technology to provide patients and clinicians with innovative dental and orthopedic implants. The Nasseo TiArray™ dental implant system has been developed for diabetics and smokers with poor bone healing.
The company, which also added Mr. Brian Jaffe to its Board of Advisors, plans to raise a $3M+ Series A investment round in mid 2013 to catalyze production and sales.
BioInspire is a collaborative partnership between BioAccel®, Plaza Companies, and the City of Peoria, Arizona, that provides working capital and space to admitted companies.