Houston health tech firm Saranas raises $12.8M Series B

Houston-based medical device company Saranas Inc. closed a $12.8 million Series B funding round, the firm announced July 19.

The Series B round was led by Chicago-based Baird Capital, the venture capital and private equity arm of Milwaukee-based Robert W. Baird & Co. The round also saw participation from Austin-based S3 Ventures.

The Houston-based company develops an FDA-approved medical device for early detection and monitoring of internal bleeding complications. Saranas’ Early Bird device aims…