Provided by BioEnterprise.
Surgical Theater Raises $9 Million
Cleveland-based Surgical Theater raised $9 million Series A financing from HTC Corporation and Shanghai Creation Investment Management Company. Funds will support the company’s Virtual Reality and Image Guidance software development.
Checkpoint Surgical Raises $7.5 Million
Checkpoint Surgical, a Cleveland developer of technology to protect and repair nerves intra-operatively, raised $7.5 million. The round was led by First Analysis and includes NDI Healthcare Fund, JumpStart NEXT Fund and several individual investors.
CerviLenz Raises $1.76 Million
CerviLenz, a Cleveland-based medical device manufacturer, raised $1.76 million of equity financing. Terms of the deal were unspecified.
Akrotome Imaging Receives $1.7 Million
Akrotome Imaging, a Cleveland medical imaging company, received $1.7 million from NIH to complete development and commercialization of its cancer imaging instrument.
Biolectrics Raises $1 Million
Cleveland-based medical device maker, Biolectrics, raised $1 million. Funds will be used to commercialize the company’s periodontal disease treatment.
NeuroTherapia Raises $1 Million
NeuroTherapia, a Cleveland Clinic spin-off, raised $1 million. Funds will used to commercialize a drug that may slow the symptoms of neurological disease.
Originally published January 11, 2016.