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Physcient Secures $1 Million Venture Capital Debt

Tuesday, January 13, 2015 5:46:00 AM PDT | VentureDeal
   Durham, North Carolina  --  Medical device technology company Physcient has landed $1 million in venture capital debt financing, according to an SEC filing.

Physcient develops what it calls "smarter instruments for surgeons."

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

Physcient is still seeking $1.5 million in additional debt financing, according to the filing.

Company CEO is Hugh Crenshaw, who was previously with Provagen and GlaxoSmithKline.

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