OrthoMimetics Ltd., a UK-based medical device spinout from the Cambridge-MIT Institute, has raised Gbp5 million in Series A funding. Participants include Oxford Capital Partners, Schroders Investment Management, Sloane Robinson Private Equity and an unnamed I-bank. OrthoMimetics is developing off-the-shelf products to improve the efficacy of first-line surgical procedures for the regenerative repair of defects in articular cartilage, ligaments and tendons. www.orthomimetics.com