Originally published Friday, December 12, 2008 at 12:00 AM
PrintHealionics, Redmond medical company, raises $2.6M
Healionics, a Redmond medical device company that manufactures a material for use in medical implants, said it raised $2.6 million in a second round of financing.
Seattle Times business reporter
Healionics said it raised $2.6 million in a second round of financing from private investors.
The Redmond medical device company manufactures a material for medical implants that's compatible with the body. It recently scored a multimillion-dollar deal to supply TR BioSurgical with material for a veterinary glaucoma implant scheduled for launch in the first quarter of 2009.
The company, which spun off from the Ratner Biomedical Group incubator in 2007, raised $1.7 million in its first round earlier this year.
Investors in the latest round come from several networks for making small, early equity deals — the Bellingham Angels, the Alliance of Angels, Keiretsu, the Tacoma Angel Network and the Zino Society. The money will help the firm undertake additional studies to prove the efficacy of its product.
Ángel González: 206-515-5644 or agonzalez@seattletimes.com
Copyright © 2008 The Seattle Times Company
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