NxThera Inc., a medical device maker based in St. Paul, MN, said it raised $12.6 million in a Series B round from a group of investors that includes Arboretum Ventures in Ann Arbor, MI. Other investors include American Medical Systems, Aberdare Ventures, and GDN Holdings, the investment firm of former Medtronic vice chairman Dr. Glen Nelson.
Author: Thomas Lee
Thomas Lee came to Xconomy from Internet news startup MedCityNews.com, where he launched its Minnesota Bureau. He previously spent six years as a business reporter with the Star Tribune in Minneapolis. Lee has also written for the St. Louis Post-Dispatch, Seattle Times, and China Daily USA. He has been recognized several times for his work, including the National Press Foundation Fellowship on Alzheimer's disease, the East West Center's Jefferson Fellowship, and the MIT Knight Center Kavli Science Journalism Fellowship on Nanotechnology. Lee is also a former Minnesota chapter president for the Asian American Journalists Association and a former board member with Mu Performing Arts in Minneapolis.
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