Catalyst OrthoScience Secures $20M in Funding for Medical Device Innovations
Funding Highlights
Catalyst OrthoScience, a Naples-based medical device firm, has closed a $20 million equity and venture debt financing round with three prominent funding partners. This new injection of funds will be pivotal in supporting the company's mission to innovate in the field of shoulder replacement.
Company's Vision
Focusing on advancing medical device solutions, Catalyst OrthoScience aims to revolutionize treatments in orthopedic surgeries. The funding will propel their research and development initiatives, fostering groundbreaking enhancements in shoulder replacement procedures.
Key Takeaways
- $20 million secured through equity and venture debt.
- Increased capacity for research and development initiatives.
- Commitment to enhancing shoulder replacement technologies.
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