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Med-tech startup Metavention raises $65M, names Todd Berg CEO - Minneapolis / St. Paul Business Journal

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Med-tech startup Metavention raises $65M, names Todd Berg CEO - Minneapolis / St. Paul Business Journal

Source: Minneapolis / St. Paul Business Journal

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Metavention Inc., a startup developing a medical device to treat Type 2 diabetes, has closed on $65 million in venture capital and named former Torax Medical Inc. CEO Todd Berg its top executive. New Enterprise Associates led the round of financing. Sanderling Ventures, RK Mellon, Horowitz Group and an unnamed corporate investor also participated.

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