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Portland medical device developer raises funding round


money capital investment
Alan Schein Photography

Portland-based Yor Labs Inc. raised $6 million, according to a filing with the U.S. Securities and Exchange Commission.

Very little public information is available on the company, whose website indicates that it is focused on solving “complex clinical needs in cardiac imaging through the world’s most advanced, high-performance, miniaturized ultrasound technology.”

CEO Bob Willis declined to comment.

The $6 million raise is part of a $15 million offering, with $8.9 million yet to be raised, according to Yor Labs' Form D.

As of early January, when the Business Journal published its list of largest equity funding recipients in Oregon and Southwest Washington for 2019, Yor Labs had received $3.6 million in venture funding.



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