Titan Spine receives $7.5M investment from Southlake Equity Group: 5 key notes

Written by Megan Wood | October 13, 2016 | Print  |

Mequon, Wis.-based Titan Spine successfully raised $7.5 million in funding from Southlake Equity Group, according to BizTimes.

Here are five key notes:

 

1. The company raised the total amount in series D units from one investor, based on the SEC filing.

 

2. Titan Spine reported it raised the investment from Southlake Equity Group in a funding round finalized on June 30.

 

3. With the investment, Southlake Equity Group received a minority ownership stake in Titan Spine.

 

4. Titan Spine offered a separate, indefinite equity fund to early investors on June 17. It offered a minimum investment of $25,000.

 

5. Within that offering, Titan Spine raised $202,262 from five investors.

 

More articles on devices:
35 spine, orthopedic devices receive FD A 510(k) clearance in September 2016
SpineGuard reports €1.7M Q3 2016 revenue — 6 notes
5 observations on how 3D printing is transforming the medical device industry

© Copyright ASC COMMUNICATIONS 2018. Interested in LINKING to or REPRINTING this content? View our policies here.

Top 40 Articles from the Past 6 Months