Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Surgical Innovation Associates (SIA), a US-based reconstructive and cosmetic surgical device spinout of Northwestern University, yesterday obtained $4m in a series A round involving syndicates Harvard Business School Angels and Gopher Angels. The round brought SIA’s total funding to $6.5m and will go towards its commercialisation roadmap, including product development and the confirmation of requisite regulatory approvals. One of SIA’s products – a bioabsorbable mesh used for soft tissue reconstruction – was used in a live operating theatre procedure for…