MedTex Ventures Raises $50 Million to Back Early-Stage Medical Devices

Hitesh
thehealthco

MedTex Ventures LLC announced today that its first fund, Biotex Medical Device Fund I, held its final close on March 1. The Fund raised $46.5 million to invest in early-stage medical devices, with a focus on Seed and Series A rounds. Since its initial close in March 2021, the Fund has made investments in ten device companies across various surgical, diagnostic and therapeutic applications.

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