Monteris Medical fetches $13.3 mln
Winnipeg, Manitoba and Kalamazo, Michigan-based Monteris Medical Inc has received a total of $13.3 million in equity and debt financing. BDC Venture Capital Healthcare Fund led the equity round, with additional participation from the SWMF Life Science Fund and other unnamed investors. Oxford Finance provided the debt financing. Monteris Medical is a medical device company that develops treatments for brain lesions. Update: The company has raised US$34.5 million in funding from Canadian and U.S. venture capital firms since 2001.
22 October 2013•3 mins read
