Cardinal Spine is seeking $1.25 million from investors to support corporate operations, according to a regulatory filing.
Louisville, Ky.-based Cardinal Spine, founded in 2008, is developing an interbody fusion device designed to stabilize spinal implants.
The funding is built off of an equity sale, with a minimum investment of $25,000.
Cardinal Spine said it’s brought 8 backers into the equity round so far, raising $300,000, according to a regulatory filing.