Biomimedica raises $2.4 million for joint repairs

Biomimedica has raised $2.4 million in a first round for its joint-repair business.

VentureWire reported that Emergent Medical Ventures led the round. Other investors include Asset Management Co. and Life Science Angels.

Based in Santa Clara, Calif., Biomimedica was started earlier this year. The company is developing a synthetic cartilage called Cartigel for joint repair.

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About the Author, Dean Takahashi

Dean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. Dean previously worked at the San Jose Mercury News, the Wall Street Journal, the Red Herring, the Los Angeles Times, the Orange County Register and the Dallas Times Herald. He is the author of two books, Opening the Xbox and the Xbox 360 Uncloaked. Follow him on Twitter at @deantak, and follow VentureBeat on Twitter at @venturebeat.