Inside track: Malaysia backs Minnesota med-tech start-up

  • by: NEAL ST. ANTHONY , Star Tribune
  • Updated: February 9, 2013 - 9:19 PM

In a slumping U.S. venture capital market, Plymouth-based Mardil Medical just raised an amount equivalent to one-third of that raised by Minnesota companies in the entire fourth quarter of last year. And $5 million of the $6.1252 million came from a Malaysian venture fund chartered by that Asian government.

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