Copyright © 2013, The Oklahoma Publishing Company
The technology nonprofit i2E Inc. has invested $300,000 in the Tulsa-based startup Sway Medical Technologies.
The investment will come from the OKAngel Sidecar Fund. Managed by i2E, the fund is one of three Accelerate Oklahoma! investment vehicles created in 2011 by i2E through a partnership with the Oklahoma Department of Commerce and the U.S. Treasury State Small Business Credit Initiative. The OK Angel Sidecar Fund is designed to invest in companies alongside Oklahoma angel investors.
The i2E managed fund participated in an investment round for Sway Medical of $700,000 that included funds from Oklahoma angel investors.