Established angel group plunks $538K into biomedical device company


Third time’s the charm New World Angels. The Boca Raton-based angel-investor group announced Tuesday that it has again plunked down hundreds of thousands into Gainesville’s OBMedical.

NWA recently closed a $538,000 investment into the company, which develops wireless fetal monitors called LaborView. Previously, the angel group invested on two occasions — $1.1 million and $527,500 — in OBMedical.