BioStable Science & Engineering, a medical device company developing innovative cardiovascular implants, today announced its first round of venture capital funding. The $5.5 million in Series A equity financing was provided by Santé Ventures. BioStable was founded earlier this year by five members of CarboMedics’ senior management team, including former President, Charles Griffin, former VP Research and Development, Rusty Phillips, former VP Engineering, Al Beavan, former VP Quality Assurance, Doug Frank and former Senior Director [...]

SensorTran, the developer of the world’s most advanced distributed temperature sensing (DTS) technologies, today announced a $3.5 million round of venture capital financing, which will be used for working capital and to accelerate the growth of SensorTran’s Smart Grid and wellbore monitoring businesses. Participants in the round included Advantage Capital Partners, Expansion Capital Partners, WHEB Ventures, and Stonehenge Capital Company. SensorTran, the only North American DTS manufacturer, develops distributed asset monitoring solutions that offer real-time, [...]