DiFusion gets $5.2M of planned $16M funding

Medical device maker DiFusion Inc. has received $5.2 million of a planned $16 million financing.

The Georgetown-based company collected the capital from 54 investors, according to a Friday filing with the U.S. Securities and Exchange Commission    .

DiFusion, which was founded in 2008, is working on a new product designed to prevent postoperative infections.

In May 2011, the company, which had been based in Austin, signed a multi-year lease with the The Texas Life-Science Collaboration Center in Georgetown. The TLCC, about 30 minutes north of Austin, is a nonprofit accelerator that provides mentoring and other incubation services geared toward life sciences, as well as biotech infrastructure such as wet labs. The complex was built through a collaboration with local universities and colleges and with input from health care organizations.


Josh Sandberg

Josh Sandberg is the President of Ortho Spine Partners and Partner for The De Angelis Group. He also serves as Co-Founder and Editor of OrthoSpineNews.

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