Extremities joint replacement leader Ascension Orthopedics raises $18.6M

 

Implant firm Ascension Orthopedics Inc.bizWatchhas raised $18.6 million of a planned $20.4 million round of funding.

The Austin-based company collected the capital from nine investors, according to a Wednesday filing with the U.S. Securities and Exchange CommissionbizWatch .

Ascension, which was founded in 1992, develops orthopedic implants for the shoulder, elbow, wrist, fingers and toes. The company also develops trauma products to treat bone fractures.

In 2008, it completed $21 million Series D round of funding. Seattle-based Frazier Healthcare VenturesbizWatch was the lead investor.

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