Soteira Snags $6.6M in Equity Round

Soteira, a Natick, MA-based medical devices startup, has raised $6.6 million of a proposed $12 million round of private equity financing, according to an SEC filing. The filing does not list the investors in the round, and Soteira CEO Larry Jasinski couldn’t be reached at his office yesterday or today. The company is developing a system for treating vertebral compression fractures caused by osteoporosis, cancer, or traumatic injuries, according to the website of one of its investors, Fletcher Spaght Ventures. Soteira does not appear to have an active website.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.