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Bioconnect Collects Venture Capital Debt

Thursday, December 6, 2012 5:32:00 AM PDT | VentureDeal
   Ambler, Pennsylvania  --  Medical device company Bioconnect Systems has secured $1.49 million in venture capital debt investment, according to an SEC filing.

Bioconnect has developed what it calls the Optiflow System, which enables surgeons to create precisely control connections for a variety of indications.

Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

Bioconnect is still seeking $114,000 in additional venture capital debt, according to the filing.

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