Medtronic Invests In Remote Monitoring, Startup Nabs $7.5M

Foundry Innovation & Research 1 (FIRE1), a company developing remote monitoring technology, closed series B financing with $7.5 million from backers, including Lightstone Ventures, New Enterprise Associates, and Dublin-based Medtronic. This is the latest in a string of investments Medtronic has made in companies launched by The Foundry, an incubator for medical device startups.
Source: Medical Design Online News - Category: Medical Equipment Source Type: news
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