Houston-based medical device company Allotrope Medical Inc. raised a $4 million funding round, the firm announced June 1.
Allotrope Medical’s oversubscribed Series A round was led by Colorado-based venture group Rockies Venture Club. The round saw participation from Texas Halo Fund, Aggie Angel Network, Bellingham Angels, Berkeley Angel Network, Kentucky Select Fund, MEDA Angels, Prosalus Capital, Seedfolio and Tech Coast Angels.
“We are both humbled and excited to have the support of so many individuals and groups,” said Dr. Albert Huang, founder and CEO of Allotrope Medical. “With the financing of this round, we will continue to accelerate our commercialization plans and see our elegant and easy-to-use technology improve the surgical experience for physicians and patients across the U.S.”