Spine-facing medical technology company Carlsmed closed a $2.5 million fundraising round and concurrently made a pair of leadership appointments.
What you should know:
1. The fundraising round was led by Cove Fund II. Carlsmed will use the funds to commercialize its "data-driven surgery mission."
2. In addition to closing the round, Carlsmed appointed Andrew Arrow, MD, as chief financial officer and Shariq Hussain as chief information officer.
3. Dr. Arrow is a MedTech executive with more than 20 years of C-suite and financial leadership roles.
4. Mr. Hussain previously served as the pase CEO and chief technology officer of IntelliGuard.