From Acquisition to Investment: Restor3d raises $17M to feed the Conformis deal.

Here we go! It's only been a week since the Conformis acquisition closing and Restor3d needs more capital. Not sure why companies take on acquisitions that they cannot service (eg: Surgalign). I would hate to see the financial terms of this new convertible debt.

3D medtech startup Restor3d raises $17M in new funding (WralTechWire)
Durham-based Restor3d, a medical device company, has raised $17 million from investors, according to a Form D filed Tuesday with the Securities and Exchange Commission.
The money came from 98 investors, according to the filing.
The company specializes i...


Your friends are reading OrthoStreams daily - Are you ?

 

Unlock your access to full rich article, trends, hot startups, market reports and your daily newsletter.

Just $1/day.