Orthopedic balloon co Ortho Space raise $2.6m (Globes)
Ortho Space Ltd. has raised $2.6 million at a company value of $11.5 million, after money. TriVentures LP led the round. Ortho Space is a subsidiary of Bioprotect Ltd. Both companies are graduates of Xenia Venture Capital Ltd. (TASE:XENA) incubator.
Ortho Space's balloons are used to treat torn ligaments in the shoulder, and have been implanted in 150 patients to date in a clinical trial. The biocompatible balloon imitates the natural physiological bursa underneath the acromion.
OrthoSpace Ltd. designs and develops new technology...
