How a U.S. startup raised capital from Malaysia

02/21/2013 | Bloomberg Businessweek

Venture-capital firms' investments in medical-device startups have dropped, so Jim Buck looked elsewhere to fund his company. His business, which has developed an implantable heart device, received a $5 million infusion from the government of Malaysia. The country has set up a $100 million fund to foster high-tech industries, including those based in the U.S.

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