SpineGuard obtains funding for its “Smart” Pedicle Screw

SPINEGUARD COMPLETES FINANCING FOR “SMART” SCREW (Orthopedics This Week)
SpineGuard website
SpineGuard, S.A. has finished raising the rest of a $3.1 million equity round of financing to accelerate the market launch of its "smart screw" for spine surgery.
Claiming to have the world's first "smart screw" to make surgery "safer," the company said on June 15, 2015 the equity came from two Paceo equity line draws in April and May. In addition to a private placement with institutional investors announced in June, the company issued new shares to investors.
"Despite the cancellation of the public off...