Velano Vascular raises $17 million for a needle-free blood draw device

Blood drawing and testing may have been tainted by the Theranos scandal last year, but that hasn’t kept investors from backing Velano Vascular. The San Francisco-based startup, which has developed a needle-free device to draw blood, today announced a new investment of $17 million. This technology could reduce the risks of injuries for patients who  suffer from difficult venous access due to weight, chronic disease, and other issues.
Velano Vascular’s product is called PIVO &mdas