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Sonitus Medical Attracts CIA Dollars

May 27, 2009 bjohnson56 0

Sonitus Medical Inc., developer of a non-surgical hearing aid that is designed to transmit sound via the teeth, announced that it has received an investment from In-Q-Tel, a strategic investment firm that was started by the CIA.

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Radiology Start-Up Raises $10 Million

April 16, 2009 bjohnson56 1

Foundation Radiology Group, a provider of diagnostic imaging services to hospitals and medical institutions, announced that it has raised $10 million in the company’s first round of venture funding.

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Burrill to Invest $1 Billion In Biotech Project

April 14, 2009 bjohnson56 0

The economic climate may be grim, but biotech banker G. Steven Burrill is looking to the future. The CEO of Burrill and Co. plans to invest $1 billion into Minnesota’s Pine Island biotechnology project and a private equity/venture capital fund.