Monday, September 22, 2008

Freedom Meditech Gets Investment

Freedom Meditech, a firm developing proprietary non-invasive ocular glucose measurement device for people with diabetes, has scored $380,000 in a equity investment. The round was disclosed by JumpStartup, an early stage venture acceleration fund focused on Northeast Ohio firms. Freedom Meditech has corporate and engineering operations in San Diego, but also maintains R&D operations across Ohio.University of Toledo. According to JumpStartup, the funding was part of an undisclosed Series A investment, and comes on top of $1M in prior angel and bridge funding for the firm. More information »

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