Northwestern University spinout Edge Surgical has raised $1.4m in seed funding.
Edge Surgical, a US-based medical device spinout of Northwestern University, has raised $1.4m in seed capital from medical professionals and angel investors, Crain’s Chicago Business reported yesterday.
Edge Surgical is commercialising a tool that is able to electronically measure depths for screws. The disposable tool has applications in orthopaedic surgery where it can replace traditional analogue gauges.
The device has received regulatory approval for the device and is expected to be on sale this coming October for approximately $100.
The…
