Second-quarter venture capital $129 spending in Minnesota million Company, location Amount Business Investors raised MEDICAL DEVICES & EQUIPMENT Investment: $59.5 million Pct. of total: 46.1% Celleration Inc., Eden Prairie Aavin Equity Advisors, Affinity Capital Management, $25.1 million Formerly known as Advanced Medical Baird Venture Partners, CID Equity Partners, New Applications Inc., develops non-contact Science Ventures, Prism Capital, Seneca Partners Inc., therapeutic ultrasound technology Triathlon Medical Ventures ,undisclosed firm, Upper Lake Growth Capital, Venture Investors Entellus Medical Inc., Maple Grove Montagu Newhall Associates , SV Life Sciences Advisers $15 million Develops medical devices and methods (Schroder Ventures Life Sciences), Split Rock Partners to treat sinusitis Kalypto Medical Inc., Hastings Sequel Venture Partners, Sutter Hill Ventures, $9 million Also known as Iasis Medical Inc., makes undisclosed firm medical devices Vertech, Plymouth Split Rock Partners, undisclosed venture firm $6 million Provides spinal correction system Torax Medical Inc., Shoreview Sanderling Ventures, Thomas, McNerney & Partners $3.2 million Develops technology for the treatment of digestive disorders SuperDimension Ltd., Plymouth Oxford Bioscience Partners $1.2 million Develops products for the diagnosis and treatment of lung diseases RETAILING/DISTRIBUTION Investment: $55.9 million Pct. of total: 43.3% Fingerhut Direct Marketing Inc., Eden Prairie Bain Capital Ventures, Battery Ventures, Brookside $55.9 million Provides private-label and brand-name International Inc., Goldman, Sachs & Co., three merchandise undisclosed firms BIOTECHNOLOGY Investment: $6 million Pct. of total: 4.7% CNS Therapeutics Inc., Woodbury InterWest Partners,Thomas, McNerney & Partners $6 million Operates as a pharmaceutical company CONSUMER PRODUCTS AND SERVICES Investment: $5.3 million Pct. of total: 4.1% The Oceanaire Inc., Minneapolis Clarion Capital Partners $4.3 million Owns and operates seafood restaurants Coolibar, Minneapolis RAIN Source Capital Inc., undisclosed firm $1 million Designs, manufactures and markets a range of sun protection products INDUSTRIAL/ENERGY Investment: $1.7 million Pct. of total: 1.3% Flyspy, Minneapolis RAIN Source Capital Inc., undisclosed firm $1.5 million Operates as an airfare search engine Door Engineering and Manufacturing, Kasota RAIN Source Capital Inc., undisclosed venture firm $200,000 Provides door products to the aviation and commerce industry MEDIA AND ENTERTAINMENT Investment: $630,000 Pct. of total: 0.5% New Moon Girl Media, Duluth RAIN Source Capital Inc., undisclosed firm $630,000 Provides newsletters coming from girls ages 8 to 15 Source: PricewaterhouseCoopers/Thomson Venture Economics/National Venture Capital Association MoneyTree Survey
More from Star Tribune
More From Business
Q: For several weeks, my Microsoft Surface Pro tablet computer printed via Wi-Fi to an HP Photosmart 6520 printer. But now, files that have already…
The Southeastern Conference says it wants Arkansas lawmakers to exempt college sporting events such as football games from a new law greatly expanding where concealed handguns are allowed, citing concerns about safety at its games.
Stocks that moved substantially or traded heavily Tuesday:
Kansas' Republican-controlled Legislature approved an expansion Tuesday of state health coverage to thousands of poor adults under former President Barack Obama's health care overhaul, days after the collapse of GOP leaders' repeal effort in Washington.
Amazon is testing a grocery pickup service in Seattle.