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Cohort News

Allotrope Medical: A Simple Solution for Protecting the Ureter During Surgery

There are three million surgical procedures each year (in the US) in which there is a risk of injuring the ureter, and rates of injury are highest in minimally invasive cases, where up to 30% of OR time can be spent on trying to identify the ureter to spare it from harm. Allotrope Medical has developed an intuitive, battery-operated, single-use handheld device to help surgeons see the location of this hidden part of the anatomy.

Augmedics Secures $8.3 Million in Series A Funding for Augmented-Reality Surgical Visualization System

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Augmedics, a developer of an augmented-reality (AR) surgical visualization system, has secured $8.3 million in Series A funding. Led by Davos, Switzerland-based AO Invest, which is fully funded by the non-profit AO Foundation, as well as Israeli Innovation Authority, Terra Venture Partners and other undisclosed investors. Augmedics will use the proceeds to complete research and development as well as pre-clinical and clinical trials of its ViZOR System, establish strategic distribution partnerships, and seek 510(k) clearance for The ViZOR from the US. Food and Drug Administration.