Three German venture investors Wellington Partners, MIG Fonds and Salvia led an $18m funding round in Creative Balloons, a firm researching and developing ultra-thin polyurethane balloons for medical device applications. "The successful completion of this growth financing enables us to vigorously pursue our entrepreneurial goals. With Frank as our new CEO, we are now ready to position our lead product hyghtec globally in the market," Fred Göbel, Creative Balloons Founder and CTO.