GME German Medical Engineering raises $1.3m in series A fundraising, bringing in BayBG as a new investor.
GME German Medical Engineering, a maker of lasers for cosmetic surgery, has completed its $1.3m series A round from BayBG, a venture unit of Bavarian state bank LfA Förderbank Bayern, and from its seed investors.
In December 2011, the company raised nearly $1m in seed funding from a consortium of investors, including state and corporate-backed early-stage investment firm Hi-Tech Gründerfonds and Bayern Kapital, also an investment unit of LfA Förderbank Bayern, and dermatologist and angel investor, Dieter Manstein.
GME produces laser and light technologies…
