Tuesday, October 11, 2005

N Spine Gets Angel Investment

San Diego-based N Spine has received an angel investment of $415,000 from Palo Alto-based Life Science Angels. According to Life Science Angels, the firm has invested in N Spine, a developer of medical devices for the stablization of the spine during minimally invasive surgery. LSA said that it contributed $415,000 to a Series A, which ultimately will be betwen $1.5M and $2.0M. Greg Scott of LSA will join N Spine's board. N Spine will use the funds to seek FDA approval of its medica device. More information »