Lydus Medical, a Ra’Anana, Israel-based developer of a novel product line for automating the creation of small blood vessel anastomoses, raised $2.7m in Pre-A funding. The round was led by an undisclosed US based strategic player with the participation from Sanara Ventures, and existing backers Mor Research, Technion and Leon Recanati’s private equity investment company, Glenrock. The company intends to use the funds to accelerate FDA clearance while scaling product development and prepare for market entry. Led by Jessica Weiss, CEO, Lydus developed the Vesseal, a surgical device th...