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Device Investors Arrive Late: Capital Flows to More Developed Companies

Venture capital is flowing to later-stage companies as VCs prepare to carry their companies along farther than they have in the past.

A late arrival is becoming more fashionable—and potentially more lucrative—in medical device venture circles.

In 2007, medical device VCs poured significant loads of capital into companies raising mid- and later-stage rounds, according to an...

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