Surgical device startup raises $1.4 million
A medical device startup based on the work of a Northwestern University surgeon has raised $1.4 million.
The tool electronically measures depths for screws for orthopedic surgery, replacing traditional analog gauges, says K.C. Hoos, vice president of development at Edge Surgical, a startup based at Matter, a health-tech incubator at the Merchandise Mart.
The company, like a lot of medical-related startups, raised its seed money from doctors and other angel investors.
Edge acquired 15 patents from Northwestern's Dr. John Kim, who developed the intellectual property. The company plans to develop a second device for spinal surgery.
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