Startup Sotera Medical Corp. secures more than $1 million in seed financing

Sotera Medical Corp., a medical device company in Cleveland that is developing a device for use in cardiac procedures to treat atrial fibrillation, announced it has closed initial seed funding “in excess of” $1 million.

Specific terms of the investment were not disclosed. Sotera said in a news release that the round was led by a syndicate of investors, including JumpStart Inc., the North Coast Angel Fund, the Northwest Ohio Tech Fund II managed by ProMedica Innovations, private investors and the state of Ohio.

Click here to read the complete article.

Story excerpt provided by Crain’s Cleveland Business.
Written by Scott Suttell.
Originally published April 5, 2018.

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