Taft Acted as Legal Counsel to Mutual Capital Partners in Investment in iotaMotion

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.

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