Naples medical device firm picks up $20M in funding

Naples medical device firm Catalyst OrthoScience has closed a $20 million equity and venture debt financing round with a trio of funding partners. 

The company, focused on shoulder replacement orthopedics, also announced it has surpassed 10,000 total shoulder arthroplasty procedures. 

The funding is from RC Capital, Mutual Capital Partners and Bridge Bank, the release states. The capital, in part, will be used to “expand its distribution channel, further invest in talent and training, launch new products and solidify its position as a leading innovator,“ the release states.