IntraVu (Redwood City, Calif.) has raised nearly $11.7 million as it markets its tiny imaging system to doctors, according to a Form D recently filed with the SEC.
The company’s single-use MIDAScope is a 1.4 mm high-definition video and photo camera on the tip of a needle. The scope, according to the company, disrupts less joint tissue than the larger and more expensive imaging systems that have been used in diagnostic arthroscopy.
A total of 53 investors took part in the offering, according to the Form D. About $9.3 million of the money-raise came from the conversion of outstanding convertible promissory notes.
Founded in 2015, the company has employees in the 11–50 range, according to its LinkedIn page.
