Archus Orthopedics Inc. Secures $10,000,000 New Financing
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Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4760e634-30e6-48f7-85da-afafac3cdc13&Preview=1 -
Date
2/4/2008 -
Company Name
Archus Orthopedics Inc. -
Mailing Address
8624 154th Avenue NE Redmond, WA 98052 -
Company Description
Archus Orthopedics is a privately held company developing a family of reconstructive implants to treat a variety of spine disorders resulting from degenerative changes in the facet joints. -
Website
http://www.archususa.com -
Transaction Type
Debt -
Transaction Amount
$10,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Archus Orthopedics will use the venture loan to accelerate their growth and clinical development process. -
M&A Terms
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Venture Investor
GE Healthare Financial Services
9/7/09 2:59 pm
[...] Partners, Polaris Venture Partners, and Johnson & Johnson Development Corporation, as well as a loan from GE Capital. Last month, Archus’ investors put in another $2.3 million through a bridge [...]