IlluminOss Medical Closes On $28M

Medical device company IlluminOss Medical Inc. has raised $28 million in Series C financing for its photodynamic orthopedic implants, which are designed to treat fractures through a small entry into the bone. Tekla Capital Management, and Life Sciences Partners co-led the round, with participation of existing investors Foundation Medical Partners, Mieza Capital and New Leaf Venture Partners. New investors in the round included SR One, Excel Venture Management, Pappas Ventures, and the Slater Technology Fund.

North AmericaUSBriefs