Texas Stent-Maker Palmaz Scientific, Inc. Raises $26.3 Million

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Palmaz Scientific is looking to raise another $3.7 million to top off a $30 million funding round already joined by 261 unnamed investors. Palmaz Scientific is nearing the close of its $30 million funding bid, with just $3.7 million needed to close the round, according to regulatory filings. The company revealed in an SEC document that it raised $26.3 million from 261 unnamed investors, with as much as 10% of the take going to cash commissions for its placement agents.

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