i2E invests in medical innovation
i2E Inc. recently led a $1.25 million seed round investment in Linear Health Sciences, a Norman-based innovative medical technology startup.
Founded in 2015 by Ryan Dennis, M.D., Linear Health Sciences developed a patented, nonmetallic breakaway device for medical IVs that connect hospital patients to therapeutics. The company’s technology addresses a problem involving up to 25 percent of the more than 1 billion IV connections placed in hospital patients annually when patient IV’s are accidentally disconnected.
The seed round included $515,000 invested by the i2E-managed Oklahoma Seed Capital Fund, along with $250,000 from the Oklahoma Angel Fund, a new investment vehicle created and managed by i2E. Other participants include $105,000 from the i2E-managed SeedStep Angels and other angel investment of $380,000.