Mutual Capital Partners has raised $16 million for its second fund, which the Cleveland venture capital firm hopes to close at $25 million later this year.

Industrial sterilization and cleaning company Mork Process Inc. has raised $1.4 million in equity of an expected $2 million funding round.

Total capital raised corrected 8:13 p.m., June 23, 2010.OrthoHelix Surgical Designs Inc. has added a $4.6 million cherry on top of its third fundraising round for a total of $14 million raised since early 2008.var page_count = “off”; if (typeof OAS_rdl == “undefined”) {document.write(“”); page_count [...]

After more than 20 years in corporate America, Doris Engibous says she was “big-companied out.”So the medical technology veteran jumped at the opportunity to move from California to Minnesota six years ago to become a first-time CEO for Hemosphere Inc., which has developed a vein-access device for chronic kidney disease patients who need hemodialysis.Since then, [...]

The money was added to a $7.3 million round last year. The company will use the money to expand and sell into 40 states. (It’s currently in 25.)