intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

TETROUS®, INC. SUCCESSFULLY CLOSES FINANCING ROUND, SECURING ADDITIONAL CAPITAL FOR FUTURE GROWTH

TETROUS®, INC. SUCCESSFULLY CLOSES FINANCING ROUND, SECURING ADDITIONAL CAPITAL FOR FUTURE GROWTH

March 14, 2025 Craig Etkin

LOS ANGELES, March 10, 2025 /PRNewswire/ — Tetrous, Inc., a Sherman Oaks start up focused on bone-to-tendon healing following orthopedic surgery, is pleased to announce the successful closure of its Series A financing round, raising a total of $6,500,000. This round of financing was a Reg D offering available to accredited investors. It attracted a diverse group of investors, including a significant investment (over 50% of the raise) from strategic partners including our USA and Australian manufacturing and distribution partners, as well as investments from the management team, and existing shareholders. The round was expanded twice from the initial $5,000,000 target due to overwhelming interest and support from existing investors, strategic partners and new investors.

Investors were enthusiastic about how Tetrous is redefining bone to tendon repair, addressing a major unmet need for biological regeneration of the anatomic structure that provides proper transmission of tensile load from soft tissues to bone, ie. the enthesis. The enthesis is a significant point of failure in rotator cuff repairs, which have a reported failure rate of 13%-94%!

The Series A funds are being used to increase the company’s market penetration, develop further clinical data showing the improvement in outcomes for patients, and expand surgical applications of the company’s patented technology, including for hip, knee, ankle and elbow procedures with existing and new product offerings.

“We are thrilled with the success of this financing round and the confidence our existing shareholders and strategic partners have placed in us,” said Bradley Patt, PhD., CEO of Tetrous. “This funding is enabling us to further enhance our product offerings, broaden our reach, and continue to deliver exceptional value to our customers. It’s All About the Enthesis.”

“I am excited to further our partnership with Tetrous as they continue to prove that biologic healing is the future of bone-tendon healing” said Simon Berry, CEO of Tetrous Manufacturing and Distribution partners Australian Biotechnologies (Sydney, Australia) and Origin Biologics (Las Vegas, NV, USA) and Director of ABT Healthcare, a Sydney based Investment Trust. “They have demonstrated an impressive vision for growth, and we are thrilled to support their continued success.”

The EnFix® family of allograft products are designed to enhance healing at the enthesis, where failure often occurs. The implants are 100% demineralized bone fiber (DBF), providing osteoinductivity and osteoconductivity, resulting in optimal biologic performance with minimal disruption to current surgical techniques.

About Tetrous, Inc.

Founded in 2019, Tetrous, Inc. utilizes next generation advanced technologies for enthesis repair in sports medicine applications. The first offerings in the EnFix family of products are EnFix RC and EnFix TAC for rotator cuff repair. Tetrous was conceived from technology developed for spine surgery. The Company is employing and expanding the technology for novel applications in sports medicine. Its core technology has been used in over 150,000 implants in spine applications. Tetrous enjoys significant IP protection for its EnFix family of products with multiple issued patents and, additionally, has an exclusive license to the demineralized bone fiber technology used in its products for sports medicine applications from TheraCell, an ISTO Biologics Company. 

About ABT Healthcare

ABT Healthcare is based in Sydney, Australia and is a private investment fund that invests in early stage medtech companies. ABT Healthcare fund invests internationally across multiple market segments. The Fund is led by Lawrence Myers, Jerome Goldberg and Simon Berry. Inquiries can be made to simon.berry@abthealth.com.au.

EnFix®, EnFix RC™ and EnFix TAC™ are trademarks of Tetrous, Inc. 

For  more information visit www.tetrous.com and follow us on LinkedIn (www.linkedin.com/company/tetrous).

Media Contact:Product Information:
Bradley Patt, PhDTetrous, Inc.331-307-7499bpatt@tetrous.comJohn BojanowskiTetrous, Inc.331-307-7499jbojanowski@tetrous.com

SOURCE Tetrous

Copyright © 2025 Cision US Inc.


Venture Capital
California, Cision, Los Angeles, PRNewswire, Tetrous, Venture Capital

Post navigation

NEXT
Shoulder Innovations Announces Closing of $40 Million Series E Equity Financing
PREVIOUS
Texas State University to spend $8.2 Million to occupy 10,000 square feet of space in Terlingua Texas.
Comments are closed.
Subscribe for FREE!

intelligence360

intelligence360
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
Load More... Subscribe

Categories

Recent Posts

  • Portal Access, Inc. Announces the closing of $7 Million Series A Financing Round to Support FDA Approval and Limited Market Launch of Next-Generation Chemotherapy Port June 10, 2025
  • CyrusOne to spend $400 Million to occupy 88,874 square feet of space in Whitney Texas. June 10, 2025
  • South Texas Health System to spend $1,936,193.00 to occupy 6,400 square feet of space in Mcallen Texas. June 10, 2025
  • Obvio Raises $22 Million to Deliver AI-Powered Traffic Safety and Prevent Traffic Deaths June 10, 2025

Archives

© 2025   Copyright SI360 Inc. All Rights Reserved.