
EndoShape is just shy of its fundraising goal by a slim margin, bringing in $898,000 in a fundraising round.
The Boulder, Colo.-based medical device company develops devices for the coil embolization and occlusion market. The company won 510(k) clearance from the FDA for its Medusa Vascular plug, and EndoShape plans to commercialize the product later this year.
The company sold 9 unnamed investors a combination of debt and convertible notes, according to a regulatory filing.