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Telesair Picks Up $22M

Irvine-based Telesair, a medical equipment developing developing a mobile medical respirator that the company says helps get patients out of the hospital sooner, has raised $22M in a Series A funding round. The funding was led by Pasaca Capital and also included Honeywell, ZhenCheng Capital, Shangbay Capital, Device of Tomorrow Capital, Berkeley Catalyst Fund and Ultrastar Ventures LLC. The company is led by CEO Bryan Liu.