Power Heart Consortium, a Korean private equity group, invested in Cleveland Heart, which is a joint venture between Cleveland Clinic and medical technology company TransWorld Medical Devices.

Cleveland Heart, a spin-off company from US-based medical research institute Cleveland Clinic’s Innovations corporate venturing unit, has raised $30m in its series A round to develop and test an artificial heart. Power Heart Consortium, a Korean private equity group, invested in Cleveland Heart, which is a joint venture between Cleveland Clinic and medical technology company…

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