Spine implant co NLT raises $8.8m
Minimally invasive surgery spinal implant developer Non Linear Technologies Ltd. (NLT) has, based in Israel, raised $8.8 million. Moshe (Mori) Arkin and Dr. Uri Geiger’s Accelmed led the round, alongside current investor Peregrine Ventures, which has funded the company since it was at the fund’s Incentive Technological Incubator. Peregrine partner and Teva chairman Philip Frost also invested his own funds. The company has raised $10 million to date, including the present round.