CWRU spinout Neuros Medical has raised $20m in a series AA round backed by Osage University Partners.

Neuros Medical, a US-based neuromodulation system developer based on research at Case Western Reserve University, secured $20m in series AA funding from investors including spinout-focused investment firm Osage University Partners on Monday.

The round was led by venture capital firm US Venture Partners (USVP) and included medical device producer Boston Scientific, healthcare-focused investment firm Aperture Venture Partners and accelerator JumpStart.

Neuros is developing products based on its core technology, an implantable generator called the Altius High Frequency Electrical Nerve Block.