A Warsaw-based veterinary medical device company has received a $1.2 million round of funding. Investors in the Series A financing for Owl Manor Veterinary include Elevate Ventures.
The privately-held company focuses on soft-tissue and joint preservation technology for horses and dogs. Its develops regenerative medicine, biologic and complimentary treatment products. Its point-of-care technologies allow for joint and wound-healing treatments to use blood and tissues harvested from the patient to save money and reduce tracking, stress and disease transmission issues.
In February, Owl Manor Veterinary announced it would pump some $800,000 into a new Kosciusko County facility and eventually employ more than 30 in the Orthopedic Capitol of The World by 2019.
Owl Manor Medical LLC Chief Executive Officer Mark Schindel says "with our operations based in northern Indiana, we are pleased to have Elevate Ventures as an investor in Owl Manor Veterinary. We look forward to a collaborative relationship and the supportive resources available through Elevate Ventures."
Elevate Ventures is a private venture development organization that works with Indiana-based companies.