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Fountain Healthcare Partners leads device firm Mainstay’s $20mm Series B round
28 Sep 2012
First-time backer Fountain Healthcare Partners is the lead investor on Irish device firm Mainstay Medical Ltd.’s oversubscribed $20mm Series B financing. Other new buyers included Medtronic Inc., Capricorn Venture Partners, and Seventure Partners. Returning shareholders Sofinnova Partners and Twin City Angels also participated. A Fountain Healthcare representative joins Mainstay’s board, and Medtronic, Capricorn, and Seventure will contribute observers.
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