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Neuromod Secures €580k Seed Funding

Neuromod Devices, an Irish Medical device company, has secured an investment of €580,000 from company management and other private investors through an Employment and Investment Incentive (EII) tax-relief scheme. The funds will enable the company to progress with the recruitment necessary to help prepare the implementation of a cloud-based quality management system and secure manufacturing partners.

Speaking about the investment, Neuromod CEO, Dr. Ross O’Neill said: “We will use this investment to work towards the next important milestone in our company’s development and another step towards addressing the unmet needs of tinnitus patients across the globe.”