The funding came from a single undisclosed investor. Rock West Medical Devices, a member of Advamed's Medtech Innovator, hopes to raise another $1.75 million from the equity round, according to an SEC filing. It will use the funds to support the development of a MoPill prototype and to see it through preclinical and clinical trials and a 510(k) bid, according to Medtech Innovator.
Admetsys has developed an artificial pancreas device that measures, models, and treats patients at diabetic risk. Admetsys is one of the 15 health startups that will join the next Dreamit Health accelerator class.
The mHealth Israel Conference, the largest Digital Health conference in Israel, announced today that the winners of its startup competition, MedAware and 6over6, will receive free booths and Tier 1 BizDev meetings at MedicalWorld Americas.
MindMaze — which is developing both hardware and a software platform that create “human” virtual reality experiences by tapping into advances in computer vision, neuroscience, AI and haptics — has raised a $100 million round of funding at a pre-money valuation of $1 billion.
Bloom Technologies wins Extreme Tech Challenge. Dy's presentation landed Bloom Technologies the big win. Bloom Technologies will make its device available to consumers this summer. With that launch date just a few months away, Dy honed his pitch to tightly focus on the startup's commercialization strategy and plans to gain traction after hitting the market.