Recon
Stealthy Cotera raises nearly $8m for knee implants
December 18, 2014 by Mark Hollmer
Stealthy knee implant startup Cotera reports raising more than $7.8 million in an equity offering.
Stealthy Cotera, a developer of implantable devices to treat knee osteoarthritis, lifted the veil enough to report raising more than $7.8 million in an ongoing equity offering.
The California startup disclosed the funding in a Dec. 15 regulatory filing. Specifics about the 10 unnamed investors weren’t disclosed, though Cotera said it hopes to ultimately surpass $9.8 million with the offering.