Augmedics Secures $8.3 Million in Series A Funding for Augmented-Reality Surgical Visualization System
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
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
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
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
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!
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
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
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
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.
Osso VR Gets $2M to Train Surgeons in Virtual Operating Rooms
Osso VR, a startup looking to disrupt the surgical device training space with virtual reality, has raised $2 million in seed funding in a round led by Signalfire, with participation from Anorak Ventures. The company provides software that creates a virtual operating room on VR platforms like Oculus Rift/Touch or the HTC Vive.