July 6, 2018

Manchester’s Woven Orthopedics reaches $5.4M in funding

Photo | Contributed
Photo | Contributed
Dr. Bronek Boszczyk prepares a Woven Orthopedics bone screw grip prior to a spinal surgery in Nottingham, England.

Manchester-based Woven Orthopedics Technologies has tacked on more than $1.2 million in funding since February, according to the U.S. Securities and Exchange Commission (SEC).

In a recent filing with the SEC, Woven, which makes gripping sleeves for orthopedic bone screws, disclosed it raised almost $364,000 in June after receiving more than $905,900 in February.

As previously reported, Woven disclosed to the SEC in Aug. 2017 that it raised $4.2 million as part of an $18 million offering.

Woven amended its filing in February, saying it had reached $5.1 million from a total of 58 investors. The company amended it again on June 29 saying it was up to more than $5.4 million raised.

Woven, located at 63 E Center St., began distributing its woven biotextile devices in Australia and New Zealand for use in human patients in May 2017.

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