NeuWave Medical Raises $4.8M

NeuWave Medical, a Madison, WI-based medical device maker, has raised $4.8 million through debt financing and securities options, a new SEC document shows. The funding round could eventually total $11.6 million.

The company previously hauled in more than $29 million from the likes of H.I.G. BioVentures, Madison-based Venture Investors, the Wisconsin Alumni Research Foundation, and the State of Wisconsin Investment Board, according to the Wisconsin Economic Development Corp. website.

Read more at Xconomy.