Existing shareholders, including IP Group and Finance Wales, have supplied additional capital to Cardiff spinout Alesi Surgical.
Alesi Surgical, a medical device spinout of Cardiff University, has raised £5.2m ($6.8m) in a round featuring commercialisation firm IP Group.
Welsh government-own investment firm Finance Wales as well as VC firms Panakes Partners and Earlybird also took part in the round.
Founded in 2009, Alesi Surgical – formerly known as Asalus Medical Instruments – commercialises inventions developed in Welsh Institute for Minimal Access Therapy (Wimat).
Alesi specialises in keyhole surgical technology. Its lead product, Ultravision, uses electrostatic technology to…
