Industrifonden et al. invest SEK 70m in Bonesupport
Industrifonden, Healthcap and Lundbeckfond Ventures have led a second funding round worth SEK 70m for Swedish medical equipment company Bonesupport.
The investment was agreed upon in June 2011, when existing investors injected SEK 101m into the company. Besides Industrifonden, Healthcap and Lundbeckfond Ventures, 10 other investors were involved in the transaction.
The new capital will support the company's commercial expansion in the US, Europe and Asia.
Company
Bonesupport is a Swedish medical equipment company based in Lund, Sweden. The company provides injectable bone substitutes for orthopaedic trauma, bone infections and instrument augmentation.
People
Lloyd Diamond is CEO of Bonesupport.
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