Medical Engineering Innovations, a Madison, WI-based developer of medical devices that use radio frequency energy to zap tumors, is raising a funding round led by Serra Ventures, of Champaign, IL. The investment firm says it expects Medical Engineering Innovations (MEI) will have raised $1.2 from Serra Ventures-and, potentially, other investors-when the Series A funding round closes.
MEI says it’s developing surgical devices for the ablation, or elimination, of cancerous tumors. The company’s tools are also aimed at helping healthcare providers perform liver resections-procedures that involve removing diseased liver tissue in cancer patients.
In a news release announcing MEI’s pending… Read more »
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