3/7: First Round, Safeguard & CHOP invest in SF-based Velano Vascular




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Velano Vascular raises $17 million for a needle-free blood draw device (VentureBeat)
On the face of it, great idea. Though when they do multiple draws in a short time interval, they usually have to stick you some place else.

First Round Capital, Safeguard Scientifics, Children’s Hospital of Philadelphia among investors in San Francisco-based Velano. Not that it means anything, but this is about the first time I've seen First Round and Safeguard in the same deal.


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