Medical Microinstruments raises 20 mln euros

Medical Microinstruments SpA said April 18 that it raised 20 million euros ($24.5 million) in a Series A round led by Andera Partners, formerly known as Edmond de Rothschild Investment Partners. Also participating were Panakes Partners and Fountain Healthcare, returning seed investor Sambatech, as well as two industry veterans Gus Castello, former SVP of product operations for Intuitive Surgical Inc and John Engels, founder of AxoGen Inc. Medical Microinstruments, of Calci, Italy, aims to improve clinical outcomes for patients undergoing microsurgery.

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