Motus GI completes $30M private placement: 3 key notes

New Hope, Pa.-based Motus GI Holdings closed a $30 million private placement.

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Here’s what you should know.

1. New York City-based Perceptive Advisors were the lead investors in the deal.

2. Motus said the funding will support the U.S. launch of Motus Pure-Vu system. The Pure-Vu system cleans poorly-prepared colons during colonoscopy.

3. Motus received FDA 510(k) clearance for the Pure-Vu in September 2016.

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