Gordian Surgical Ltd., a Misgav, Israel-based commercial-stage medical device company, raised $3m in funding.
Backers included a group of Chinese investors, American physicians, and current shareholders.
The funds raised will be used to ramp up commercialization.
Led by CEO Zvi Pe’er, the company provides a closure system for surgeons. The Gordian Surgical TroClose1200 places sutures for closing the internal tissue layer, at the start of the procedure and anchors them in place throughout the surgery.
At the end of the procedure, the internal incisions are closed upon extraction of the system.
Gordian has FDA clearance and CE mark for its TroClose1200.
It is a portfolio company of The Trendlines Group Ltd. (SGX: 42T;OTCQX: TRNLY).