From across the portfolio

Alumni News

Funding rounds, regulatory milestones, partnerships, and awards from the companies in the MedTech Innovator cohort.

52North raises £3.2 million to transform urgent cancer care, with funding co-led by Macmillan Cancer Support and Hargreave Hale AIM VCT
2022 ALUMNISeptember 29, 2026

52North raises £3.2 million to transform urgent cancer care, with funding co-led by Macmillan Cancer Support and Hargreave Hale AIM VCT

52North, the University of Cambridge spin-out behind the Aster™ biomarker platform, has secured £3.2 million in new funding to accelerate its mission to help transform urgent cancer care and bring its core product, Neutrocheck® to market.

Arsenal Medical awarded a $4M NIH CRP grant to advance the clinical development of NeoCast
2024 ALUMNISeptember 28, 2026

Arsenal Medical awarded a $4M NIH CRP grant to advance the clinical development of NeoCast

Arsenal Medical has been awarded a $4M NIH CRP grant to advance the clinical development of NeoCast and strengthen the evidence base for next-generation liquid embolics.

Knowtex, the first frontier AI lab for healthcare, named prime awardee on VA's nine-figure Ambient Scribe Enterprise contract
2023 ALUMNISeptember 25, 2026

Knowtex, the first frontier AI lab for healthcare, named prime awardee on VA's nine-figure Ambient Scribe Enterprise contract

Knowtex, the first frontier AI lab for healthcare, announced today that the U.S. Department of Veterans Affairs (VA) has selected it as a prime awardee on the Ambient Scribe Enterprise Indefinite Delivery, Indefinite Quantity (IDIQ) contract.

Biolinq Shine™ receives FDA 510(k) clearance for over-the-counter use
2020 ALUMNISeptember 24, 2026

Biolinq Shine™ receives FDA 510(k) clearance for over-the-counter use

The U.S. Food and Drug Administration (FDA) has granted 510(k) clearance for over-the-counter (OTC) use of Biolinq Shine™, Biolinq's needle-free glucose sensor, expanding access to the device without a prescription.

GenAssist selected as one of the winners of the SPARK for Innovations in Pediatrics Hub Pediatric Medical Countermeasures Summit pitch competition
2026 ALUMNISeptember 24, 2026

GenAssist selected as one of the winners of the SPARK for Innovations in Pediatrics Hub Pediatric Medical Countermeasures Summit pitch competition

GenAssist took part in the SPARK for Innovations in Pediatrics Hub Pediatric Medical Countermeasures Summit and was selected as one of the winners of its pitch competition.

Encellin partners with Breakthrough T1D to advance ENCRT-103-hPI into the clinic and build on the results of their first-in-human study
2017 ALUMNISeptember 23, 2026

Encellin partners with Breakthrough T1D to advance ENCRT-103-hPI into the clinic and build on the results of their first-in-human study

Encellin has partnered with Breakthrough T1D to advance ENCRT-103-hPI, the next generation of its encapsulated cell replacement therapy for Type 1 Diabetes, into the clinic.

Adaptyx Biosciences granted FDA breakthrough device designation for its continuous cortisol monitoring technology and is accepted into FDA’s Total Product Life Cycle Advisory Program
2025 ALUMNISeptember 23, 2026

Adaptyx Biosciences granted FDA breakthrough device designation for its continuous cortisol monitoring technology and is accepted into FDA’s Total Product Life Cycle Advisory Program

The FDA has granted Breakthrough Device Designation to Adaptyx Biosciences' continuous cortisol monitoring device, and the company has been accepted into the FDA's Total Product Life Cycle Advisory Program (TAP).

UltraSight raises $24 million to scale its AI-guided cardiac workflow platform across U.S. health systems
2026 ALUMNISeptember 23, 2026

UltraSight raises $24 million to scale its AI-guided cardiac workflow platform across U.S. health systems

Financing builds on FDA clearances, clinical evidence and commercial traction to advance the UltraSight Echosystem and broaden cardiovascular partnerships.

Teal Health raises $22 million series A to expand access to the most accurate FDA-authorized at-home HPV cervical cancer screening
2025 ALUMNISeptember 22, 2026

Teal Health raises $22 million series A to expand access to the most accurate FDA-authorized at-home HPV cervical cancer screening

Round led by .406 Ventures fuels Teal Health’s next phase of growth, expanding payor, health system, employer and provider partnerships ahead of broad insurance coverage in 2027.

RIVANNA crosses 100-patent threshold: estate protects shared platform spanning multiple FDA-cleared product lines
2025 ALUMNISeptember 22, 2026

RIVANNA crosses 100-patent threshold: estate protects shared platform spanning multiple FDA-cleared product lines

100+ patents across 20+ families, accelerating at 30% year-over-year growth.

Avenda Health expands private practice network with the deployment of Unfold AI at Arizona Urology, bringing AI prostate cancer mapping to the southwest
2017 ALUMNISeptember 17, 2026

Avenda Health expands private practice network with the deployment of Unfold AI at Arizona Urology, bringing AI prostate cancer mapping to the southwest

Leading Phoenix urology practice adopts advanced AI cancer mapping to personalize surgical planning, enhance patient visualization, and pave the way for outpatient treatments.

Prapela announces exclusive global distribution agreement with GE Healthcare
2022 ALUMNISeptember 16, 2026

Prapela announces exclusive global distribution agreement with GE Healthcare

Prapela has announced an exclusive global distribution agreement with GE HealthCare for its therapeutic vibrational mattress pad.

RIVANNA announces new CMS procedure code for computer-aided neuraxial guidance
2025 ALUMNISeptember 16, 2026

RIVANNA announces new CMS procedure code for computer-aided neuraxial guidance

Effective October 1, 2026, ICD-10-PCS code XEZU3HC establishes the first dedicated national inpatient coding category for real-time ultrasound navigation with continuous needle tracking.

Octin Health named the 2026 Minnesota Cup Grand Prize winner
2025 ALUMNISeptember 16, 2026

Octin Health named the 2026 Minnesota Cup Grand Prize winner

Octin Health has been named the 2026 Minnesota Cup Grand Prize winner, receiving $76,000 for its Elika Device.

AI medtech’s real test begins after FDA clearance featuring Avenda Health
2017 ALUMNISeptember 16, 2026

AI medtech’s real test begins after FDA clearance featuring Avenda Health

In an interview with MedTech Spectrum, Avenda Health co-founder and COO Brittany Berry, Ph.D., shares lessons from the commercialisation of Unfold AI.

Peerbridge Health receives FDA clearance for Cor MDx, the platform built for the future of cardiac care
2025 ALUMNISeptember 14, 2026

Peerbridge Health receives FDA clearance for Cor MDx, the platform built for the future of cardiac care

The wearable is built to capture the signal fidelity that cardiac care demands, from hospital discharge through recovery at home and follow-up in clinic.

The National Cancer Institute has awarded LEADOPTIK a $1.85M SBIR Phase II grant
2022 ALUMNISeptember 14, 2026

The National Cancer Institute has awarded LEADOPTIK a $1.85M SBIR Phase II grant

The National Cancer Institute has awarded LEADOPTIK a $1.85M SBIR Phase II grant to support OPTIC, a multicenter clinical study of the LIA™ platform.

Multi4 Medical publishes landmark clinical study in prestigious BJUI – initiates first patient treatments in Europe
2025 ALUMNISeptember 14, 2026

Multi4 Medical publishes landmark clinical study in prestigious BJUI – initiates first patient treatments in Europe

First-in-human study in British Journal of Urology International confirms bladder cancer treatment can shift from the operating room to the outpatient clinic.

Access Vascular receives Innovative Technology contract from Vizient for HydroMID® midline catheter
2017 ALUMNISeptember 11, 2026

Access Vascular receives Innovative Technology contract from Vizient for HydroMID® midline catheter

Access Vascular’s HydroMID® midline catheter has received an Innovative Technology contract from Vizient®, the nation’s largest provider-driven healthcare performance improvement company.

Nutromics receives FDA Breakthrough Device Designation
2021 ALUMNISeptember 10, 2026

Nutromics receives FDA Breakthrough Device Designation

The FDA has granted Breakthrough Device Designation to Nutromics’ first product in development, a wearable lab-on-a-patch™ for vancomycin therapeutic drug monitoring.

Baltimore’s Nanochon treats first patient in Chondrograft™’s first-in-human trial
2024 ALUMNISeptember 10, 2026

Baltimore’s Nanochon treats first patient in Chondrograft™’s first-in-human trial

Nanochon has treated the first patient in the First-in-Human clinical study for Chondrograft™, its 3D-printed implant for knee cartilage repair.

Panda Surgical awarded Innovate UK funding to develop an AI co-pilot for robotic neurosurgery
Cohort NewsSeptember 10, 2026

Panda Surgical awarded Innovate UK funding to develop an AI co-pilot for robotic neurosurgery

Panda Surgical has been awarded £377,967 by Innovate UK as part of the Biomedical Catalyst to develop an AI co-pilot for robotic neurosurgery with UCLH.

Zenflow announces U.S. commercialization progress with four centers completing Zenflow Spring® Implant and Delivery System Procedures
2014 ALUMNISeptember 8, 2026

Zenflow announces U.S. commercialization progress with four centers completing Zenflow Spring® Implant and Delivery System Procedures

Zenflow has announced the first commercial procedures with the Zenflow Spring® Implant and Delivery System for the treatment of symptoms associated with benign prostatic hyperplasia (BPH).

Powerful Medical’s AI heart attack detection model secures FDA approval
2025 ALUMNISeptember 7, 2026

Powerful Medical’s AI heart attack detection model secures FDA approval

The FDA has granted De Novo authorisation to Powerful Medical’s Queen of Hearts, an AI model that detects acute coronary syndrome from ECG analysis.

Society of Robotic Surgery and Puma Venture Capital announce winners of SRS Shark Tank 2026 featuring Drive Medical
Cohort NewsSeptember 5, 2026

Society of Robotic Surgery and Puma Venture Capital announce winners of SRS Shark Tank 2026 featuring Drive Medical

Drive Medical claimed the top prize at the third annual SRS Shark Tank 2026, held during the Society of Robotic Surgery’s annual conference.

Cohesys has been selected into the NATO DIANA 2026 Mission Track Cohort
2025 ALUMNISeptember 1, 2026

Cohesys has been selected into the NATO DIANA 2026 Mission Track Cohort

Cohesys has been selected for the NATO DIANA 2026 Mission Track Cohort, one of two Canadian companies chosen this year.

Flux Robotics announces OEM partnership with Nano4Imaging
Cohort NewsSeptember 1, 2026

Flux Robotics announces OEM partnership with Nano4Imaging

Flux Robotics has partnered with Nano4Imaging as the OEM partner for its AXIOM steerable magnetic guidewire, with Fraunhofer IPT supporting manufacturing process development.

Flosonics Medical partners with BARDA to develop AI-enabled trauma capability for FloPatch
2019 ALUMNISeptember 1, 2026

Flosonics Medical partners with BARDA to develop AI-enabled trauma capability for FloPatch

The contract, valued at up to $70 million, supports FloPredict, software designed to help clinicians identify patients at risk from internal hemorrhage.

Innova Vascular completes enrollment in Trust IDE study evaluating the Laguna Thrombectomy System for pulmonary embolism
Cohort NewsAugust 31, 2026

Innova Vascular completes enrollment in Trust IDE study evaluating the Laguna Thrombectomy System for pulmonary embolism

Innova Vascular has completed patient enrollment in the TRUST pivotal IDE study evaluating the Laguna® Thrombectomy System for the treatment of pulmonary embolism.

Octin Health is Life Science/Health IT division winner of the Minnesota Cup
2025 ALUMNIAugust 28, 2026

Octin Health is Life Science/Health IT division winner of the Minnesota Cup

Octin Health has been named the Life Science/Health IT Division winner of the 2026 Minnesota Cup.