Raising money for a startup company during a pandemic is no cakewalk, according to Manny Villafaña. But he did it.
Medical 21, the latest venture for the founder of St. Jude Medical, has raised another $3 million in an equity offering, according to an SEC filing.
The most recent round brings the Minneapolis-based start-up’s total funding to $8 million of the $10 million Villafaña said he was seeking in early 2020. Now he’s set his sights higher, boosting the goal to $11 million to $14 million.