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MIT spin-out aided by $5.5m

Jun 20, 2013 •

Thermedical, a medical equipment manufacturer, has received $5.5m in a series A2 led by tech adviser Karl H. Johannsmeier.

MIT medtech spin-off Termedical has raised a $5.5m series A2 round led by tech adviser Karl H. Johannsmeier with participation by several angel investors. Termedical’s chairman of the board Samuel H. Maslak joined Johannsmeier in leading the round. The latest round of funding brings the total external investment raised in the US-based firm to $7m,…

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Global University Venturing (GUV) is where tech transfer, academic and investment experts meet to explore the latest ideas and technologies driving innovation forward. We drive the discussions and share best practices that are critical to the success of spinouts, scaleouts and innovation programmes. Our aim is to help improve the processes of bringing innovations from academia to global markets and facilitate their integration into the broader business ecosystem.