Cruzar Medsystems raised $2.9 million in a new round of equity financing, according to an SEC filing posted this week. Braintree, Mass.-based Cruzar Medsystems is developing the Houdini peripheral chronic total occlussion device. Money in the round came from 5 anonymous sources, and the company has not yet said how it plans to use funds […]
Cruzar Medsystems
Pavmed scales back IPO to $6m
Pavmed last week dramatically trimmed its pending initial public offering, saying it plans to float 1.2 million shares at $5 apiece for gross proceeds of $6 million. That’s a far cry from the $23 million top end Pavmed listed when it registered the IPO last May. Pavmed is developing devices in 5 areas, according to its […]