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Nothing Ventured, Something Gained

This article was originally published in Start Up

Executive Summary

A growing number of medical device start-ups are using a variety of strategies-angel investors, government grants, and corporate partners-to go all the way to commercialization or exit without relying on venture capital funding. The trend away from venture financing is gaining advocates, particularly among device start-ups with unconventional business models or products that play in small market niches. In the process, these new financing models are giving small device companies who have been turned down by VCs or found their terms difficult to swallow, some hope.
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