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Axial Biotech closes $4.1mm Series A round

Executive Summary

Axial Biotech (minimally invasive devices and genetics-based diagnostics and prognostics for spinal disorders) raised $4.1mm in its two-tranche Series A private placement led by vSpring Capital. Leading spinal device company Medtronic Sofamor Danek and Ohio Biotech Group also participated.
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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