Moray Medical Secures $3.3 Million Seed Financing Led by 415 CAPITAL
Moray Medical notes the funding was led by 415 Capital, which invested alongside a number of prominent medtech entrepreneurs.
Medical device and diagnostics companies are always looking for ways to improve their products and services. In the ever-changing landscape of the healthcare industry, it’s essential for these companies to stay ahead of the curve. That’s why funding is always news.
Series A, B, and other rounds of funding are essential for medical device and diagnostics companies. They provide the necessary capital to help these businesses grow and innovate. And with so many investors interested in this space, there are plenty of opportunities for companies to secure the funding they need.
Moray Medical notes the funding was led by 415 Capital, which invested alongside a number of prominent medtech entrepreneurs.
Elcam Medical join existing investors Alon Medtech and serial medical device inventor, entrepreneur and investor, Dr. Shimon Eckhouse.
The funding will be used to submit a regulatory marketing submission for its medical devices to the Food and Drug Administration in the US for soft tissue approximation.