CERN Corporation
About this raise
CERN Corporation, with a valuation of $12 million, is raising funds on StartEngine. The company is developing an effective and non-drug therapeutic treatment for fungal and bacterial vaginosis. The Cern Device uses microbicidal light to mitigate pathogens causing fungal and bacterial vaginosis to promote a healthy microbiome without using drugs. The device is the size of a tampon and can be used at home as and when needed. CERN Corporation has received utility and design patents and is in the pre-revenue and testing stages of development. Gregg A. Klang founded CERN Corporation in February 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for commercial device development, clinical trials, FDA clearance, and marketing.
Investment Overview
Invested : $442,702
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 09/15/2022
- Close Date
- 04/27/2023
$10,000
$1,070,000
$500
Equity - Common
Early Stage
RegCF
$0.80
$12,006,620
Company & Team
Company
- Year Founded
- 2016
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/27/2023 | StartEngine | $12,006,620 | $442,702 | Equity - Common | Funded | RegCF |