Heartland-based start-up successful in raising $33 million

The challenge of raising venture capital for start-ups outside the coasts is always challenging, and it gets more so when the new business is in the life science space. Here’s a good success story about a company in the nation’s heartland that landed $33 million soon after securing its first-ever federal permission to market a device that uses artificial intelligence to diagnose eye disease. And, for good measure, it was a technology coming out of a university.

Stay connected with us on Twitter and LinkedIn. Article ideas and other suggestions should be sent to tballard@pyapc.com. Include the name and contact information (phone and email) for follow-up.