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.