Orthopedics device firm DGIMed Ortho has amended a regulatory filing to show that it has raised $3.3 million by issuing debt. The Minnetonka, Minnesota company was founded in 2008 to commercialize the Distalock nail and drill system comprising intramedullary nail implants and instruments as well as a disposable drill. The systems helps surgeons quickly and […]
An orthopedic company in Minnetonka, Minnesota has raised $2.1 million in its latest funding round, according to a filing with the U.S. Securities & Exchange Commission. DGIMed Ortho, an early stage medical device company, makes the Distalock system consisting of intramedullary nails and drills that assists orthopaedic surgeons. Intramedullary nails or rods are metal rods […]
Dgimed Ortho Inc. is looking to raise $2 million from the sale of equity and warrants, according to documents filed with the Securities and Exchange Commission. The orthopedic startup, based in Minnetonka, Minnesota, has so far raised $550,000 of that amount.
Excelen, a nonprofit orthopedic research and education foundation, will raise $12 million over three years to establish a downtown Minneapolis incubator and early-stage seed fund to back promising orthopedic start-ups. The incubator will be located at Excelen’s headquarters near Hennepin County Medical Center and the Metrodome, where it already operates laboratories and research facilities. Prominent […]
The company is developing a series of nails, surgical instruments and a drill that combined would work faster and do a better job of fastening screws in place during surgery. Also, the company thinks its process will cut down on the number of X-Rays needed to confirm success of such procedures, and slash by half the time needed for the operation.
