EBS Technologies Raises €3M in Series B Funding

EBS Technologies, a Kleinmachnow, Germany-based developer of therapeutic applications for the treatment of neurological disorders caused by stroke or brain injury, raised €3.0m (approximately $3.9m) in Series B funding.

Backers included Earlybird Venture Capital, High-Tech Gründerfonds and Brandenburg Capital.

Led by Ulf Pommerening and Udo Warschewske, Managing Directors, EBS Technologies  recently received CE marking for its NEXT WAVE™, a brain stimulation device for treatment of neurological disorders caused by stroke and brain injury.

The company intends to use the funds to start European commercialization of its NEXT WAVE™ .

FinSMEs

11/06/2013 

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