NxThera Raises $15.3 Million In New Financing

Medical device and technology insiders know that attracting venture capital and other financing has become increasingly challenging for med tech startups. But Maple Grove-based NxThera Inc. has been an exception. The company has raised $15.3 million in new financing from existing investors said Bob Paulson, president and CEO of NxThera.

Paulson said that the company is ultimately trying to raise $30 million to $35 million in its current round of financing.