Apnex Medical Gets $20M In VC Funding

Apnex Medical has secured $20 million in a third round of equity financing, Private Equity Hub reports. The developer of medical devices seeks to raise up to $35 million in the current financing round.

Previously, the Minnesota-based firm raised $30 million across two rounds of funding. Domain Associates, New Enterprise Associates, Polaris Venture Partners and investor and Apnex chairman Michael Berman participated in the funding round.

Click here for the story from Private Equity Hub.