Pavilion Holdings seeks $10M for new medtech pipeline group
Pavilion Holdings Group looks to raise $10 million in support of a new medtech group, consolidating all of its existing product pipelines under Pavilion Ventures.
Pavilion Holdings Group said it is seeking $10 million for new venture group, Pavilion Ventures, which will take over all of its current medical device projects.
PHG has acted as an incubator for many of the companies it has worked with, having spun out 3 venture/angel backed companies in the last 10 months alone. Pavilion helps move smaller companies' products to regulatory clearance and commercialization, and potentially gets the company to a point of exit.