Cohort Company News - MedTech Innovator

Linear Health Sciences Announces Additional Funding of $1.5 Million for Orchid Safety Release Valve

DateDec 12 2017

Linear Health Sciences today announced additional investment funding of $1.538 million, bringing total company financing to nearly $3 million. Linear Health Sciences is the developer of the Orchid Safety Release Valve (SRV)™ and other safety solutions for medical tubing.

Smart-home tech might help older adults live independently longer

DateDec 08 2017

For an octogenarian with arthritic knees, a voice-controlled light switch could ease the pain of having to stand and walk just to illuminate a room. For a nonagenarian, a robot that offers brain-teasing games to help keep her mind sharp could become an ideal companion.

Nexeon’s neurotechnology in the fight against our aging bodies

DateDec 07 2017

We haven’t even come close to solving the problem of an aging population, so the tech sector is stepping in. Just this week, in Boston, six nursing homes announced plans to close without explanation.

AUM Cardiovascular Wins Gold in Best in Biz Awards 2017

DateNov 30 2017

AUM Cardiovascular has been named a gold winner in Best New Product of the Year – Healthcare in Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America.

Catalia Health draws another $4M in early funding

DateNov 15 2017

San Francisco-based patient engagement startup Catalia Health has announced an additional $4 million in pre-Series A funding from Ion Pacific and other investors.

Arterys Completes Series B to accelerate product commercialization

DateNov 15 2017

Arterys Inc., a privately-held company leading the transition to cloud infrastructure and artificial intelligence in medical imaging, today announced the close of its $30M Series B financing round.

50 Millennial Entrepreneurs Driving The Future of Tech in Europe

DateNov 13 2017

Imagine how important every second is when you have a heart attack, or consider the implications of a world run entirely on renewable energy. If you thought Blockchain technology would only impact finance; think again.

Texas Medical Center Announces $25 Million TMC Venture Fund

DateNov 08 2017

The Texas Medical Center, the largest medical complex in the world, today announced the TMC Venture Fund, a $25 million initiative designed to support technologies and early-stage companies to flourish in Houston’s health care ecosystem and further the TMC’s mission to advance health, education and research.

Vyaire Medical Acquires Revolutionary Medical Devices, Inc.

DateOct 20 2017

Vyaire Medical, Inc., the healthcare industry’s dedicated “breathing company,” today announced it has acquired Revolutionary Medical Devices, Inc. (RMD), of Tucson, Ariz., a maker of innovative products for airway management, focused on significantly improving patient outcomes.

The Netherlands Cancer Institute Awarded Funding To Apply Molecular Imaging Technology To Prostate Cancer Surgery

DateOct 17 2017

In the joint research project, the Netherlands Cancer Institute, University of Twente and industry partners, Lightpoint Medical and Philips will evaluate a novel molecular imaging technology to image the prostate cancer biomarker Prostate Specific Membrane Antigen (PSMA) during surgery.

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

DateOct 12 2017

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

DateSep 19 2017

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.

Explorer Surgical lands $3 million more for operating room software

DateAug 29 2017

New Venture Challenge alum ExplORer Surgical, which makes software for surgical teams to use in the operating room, has raised $3 million, the company announced Tuesday.

Eximis Surgical: Filling a Gap in Laparoscopic Tissue Removal

DateJul 31 2017

The notorious morcellator, a tool for the laparoscopic removal of uterine fibroids and other tissues, has largely gone into disuse since the FDA issued a black box warning about the devices because of their potential for spreading cancerous cells. Eximis Surgical is filling the gap with a laparoscopic device that it says will not only be safe, but will also offer procedural advantages and result in higher quality tissue specimens for analysis.

Tueo Health Oversubscribes Seed Round to Support Clinical Study and Growth

DateJul 24 2017

Tueo Health, a digital health start-up company that has developed a unique solution for monitoring and managing pediatric asthma, has closed $1.1 million in seed round funding. The seed financing was led by Launchpad Digital Health, with participation from Plug and Play, and other strategic angel investors.

Vixiar Medical Raises $1.5M in Seed Financing

DateJul 24 2017

Vixiar Medical, Inc., an Annapolis, MD-based company dedicated to the development of non-invasive devices and systems for monitoring cardiopulmonary diseases, raised over $1.5m in seed financing.

Shark Tank Meets Spine Start Up VerteCore!

DateJul 21 2017

While most of the talk this summer has been about shark sightings and attacks along our beaches and Olympic swimmer Michael Phelps’s race against the great white shark on the Discovery channel, there are some entrepreneurs who are quietly preparing to go head to head with a different group of sharks in the upcoming season of ABC’s Shark Tank which is scheduled to return in the fall.

Selio Medical Wins UK-Ireland HeadStart/Proof-of-Concept Awards

DateJul 19 2017

Seven winners from the UK and Ireland were chosen to receive funding when EIT Health UK-Ireland held its HeadStart/Proof-of-Concept finals pitch competition on 19 July at Oxford University.

MobileODT Secures $6.8M Series B Funding led by OrbiMed

DateJul 07 2017

Today, MobileODT announced it has raised an additional $6.825 million in a Series B fundraising round led by OrbiMed Advisors - a leading healthcare venture fund. Previous investors Tristel plc. also participated in the round. MobileODT has raised over $13 million to date.

Spry Health Lands $5.5M to Fund Commercialization of Clinical-Grade Wearable

DateJun 15 2017

Spry Health, a Palo Alto, CA-based provider of remote patient monitoring solutions has raised $5.5 million in Series A funding led by Grove Ventures with participation from the Stanford-StartX Fund.