Checkpoint Surgical raises $7.5M in 1st financing round: 5 takeaways

Checkpoint Surgical has closed its first round of financing, according to a Mass Device report.

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Here are five takeaways:

 

1. The company raised $7.5 million.

 

2. The funds will help the company grow its core market of orthopedic and head and neck procedures and products, specifically its handheld nerve monitor device.

 

3. The device helps physicians avoid motor nerve damage during surgery.

 

4. It helps physicians gauge nerve and muscle health.

 

5. The device has been on the U.S. market since 2009.

 

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