|$15,500,000 fundDetails of the Fund:
- Provides initial financing for the creation of five to six new medical device companies
- Eliminates the distraction and delay associated with multiple financing rounds for traditional Venture financed companies
- Provides Capital Efficiency to our Limited Partners by leveraging common resources across multiple companies
- Managed by the Managing Partners of Salt Creek Medical Device Development with an oversight committee
- NO Management Fee and NO Carry charged by the Managing Partners
- The Managing Partners are only rewarded when the companies they create are successful!
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