Israeli MedTech Company Ornim Raises $20M
August 4, 2016 | Israeli medical device company Ornim Medical, has closed a series C financing round of $20 million. The Kfar Saba based commercial-stage medical technology company specializes in clinical research, development, and distribution in the field of tissue and cerebral blood flow and perfusion. The financing was led by Chinese medtech VC fund LongTec HongTao China Ventures LP with the participation of existing investors OrbiMed, GE Ventures, and others. Founded in 2004, the company has raised $70 million to date.