Taft is pleased to have acted as legal counsel to Mutual Capital Partners (MCP) in connection with its investment in iotaMotion, Inc. MCP invested in the company’s $12 million Series A capital raise along with the lead investor, Research Corporation Technologies, Inc. (RCT), and participation from ISA Ventures and Next Level Ventures.
Based in Cleveland, Ohio, MCP is a venture capital fund that invests in Midwest based early stage software and medical device companies. iotaMotion is a privately held Iowa based company and a leader in developing advanced robotic-assisted systems for cochlear implant surgery. Read the release here.
Taft’s legal team included Howard Bobrow and Abe Wehbi.