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.

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

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