Medtech Startups: Instylla, Whisper, Kegg, Respiratory Motion & more

Posted by Life Science Intelligence on Oct 19, 2020 7:43:35 AM

LSI's Medtech Startup Tracker is focused exclusively on covering the privately-held innovators changing the medical device landscape.  

Instylla – liquid embolization using hydrogel technology

Instylla is developing liquid embolics for interventional oncology and peripheral hemostasis. In October 2020, Instylla announced that it had completed a Series B round of financing in which the company raised $25.4M. The company intends to use these funds to finance clinical trials, including a pivotal clinical trial in the US. Key strategics that offer liquid embolization products include Johnson & Johnson and Medtronic.

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Topics: Startup, Strategics, Medtech, Medtech Venture Capital, Medtech Innovation Weekly Update

Medtech Startups: Rhaeos, Lark, PyrAmes, & Avail Medsystems

Posted by Life Science Intelligence on Oct 12, 2020 8:17:10 AM

LSI's Medtech Startup Tracker is focused exclusively on covering the privately-held innovators changing the medical device landscape.  

Rhaeos – developing a non-invasive, wearable shunt monitor

The company is currently developing FlowSense, a wireless, non-invasive wearable that is placed over a patient’s shunt to monitor the buildup of cerebrospinal fluid and prevent hydrocephalus. The device is intended to help healthcare providers monitor shunt function and reduce unnecessary healthcare expenditures (e.g. readmission costs, hospital length of stay). Key strategics in the shunt therapy market include Aesculap, Integra LifeSciences, and Medtronic.

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Topics: Startup, Strategics, Medtech, Medtech Innovation Weekly Update

Medtech Startups: Encora Therapeutics, Subtle Medical, R-Zero, & more

Posted by Life Science Intelligence on Oct 7, 2020 8:25:33 AM

LSI's Medtech Startup Tracker is focused exclusively on covering the privately-held innovators changing the medical device landscape.  

MIT spin-off Encora Therapeutics raises $1.5M

Encora Therapeutics is developing wearable technology that will provide patients with personalized and non-invasive remedies for the management of neurological movement disorders. Other competitors developing wearables for the monitoring and rehabilitation of neurological movement disorders include Great Lakes NeuroTechnologies and ADPM Wearable Technologies.

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Topics: Startup, Strategics, Medtech Venture Capital, Medtech Innovation Weekly Update

Medtech Startups: BioProtect, Willow, Salvia BioElectronics, & more

Posted by Life Science Intelligence on Sep 28, 2020 9:42:16 AM

LSI's Medtech Startup Tracker is focused exclusively on covering the privately-held innovators changing the medical device landscape.  

BioProtect - biodegradable balloons for a variety of clinical applications

The company develops and commercializes biodegradable balloons for aesthetics, general surgery, and spacing for radiation oncology protection. In September, the company raised $25M in a Series D round. To-date, BioProtect has raised approximately $43.9M. Key strategics in the market include Accuray, Brainlab, and Varian.

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Topics: Startup, Strategics, Medtech, Medtech Innovation Weekly Update

Medtech Startups: RapidAI, CereGate, Aqua Medical, & more

Posted by Life Science Intelligence on Sep 21, 2020 10:13:00 AM

LSI's Medtech Startup Tracker is focused exclusively on covering the privately-held innovators changing the medical device landscape.  

Artificial intelligence image analysis developer RapidAI completes Series B round

RapidAI announced that it has raised $25M in the Series B round. The funds will be used towards recognizing strategic growth initiatives around the world. The company develops software solutions to help healthcare providers diagnose and identify cerebrovascular disorders more effectively. Key strategics include GE Healthcare, Philips, and Siemens.

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Topics: Startup, Medtech, Medtech Venture Capital, Medtech Innovation Weekly Update

Medtech Startups: ExsoMed, iotaMotion, BIOMODEX, & more

Posted by Life Science Intelligence on Sep 14, 2020 10:22:27 AM

LSI's Medtech Startup Tracker is focused exclusively on covering the privately-held innovators changing the medical device landscape.  

ExsoMed - Minimally invasive orthopedic solutions to improve surgical outcomes

The company develops orthopedic fixation devices (i.e. screws) for hand surgery. ExsoMed’s three products are commercialized. Early September, the company received FDA clearance for its Four Corner Fusion system for wrist arthritis. ExsoMed plans to sell this asset to keep the company “focused on our market-differentiating, sterile-packed, single-use business model.” Other strategics in the orthopedics market include J&J, Smith & Nephew, and Zimmer-Biomet.

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Topics: Startup, Strategics, Medtech, Medtech Venture Capital, Medtech Innovation Weekly Update

Medtech Start-Ups: Evolution Devices, Photonicare, Adona Med. & more

Posted by Life Science Intelligence on Sep 8, 2020 8:35:26 AM

LSI's Medtech Start-Up Tracker is focused exclusively on covering the privately-held innovators changing the medical device landscape.  

Evolution Devices – using artificial intelligence to personalize mobility rehabilitation

The company is developing EvoWalk, a functional electronic stimulation device that monitors and personalizes electrical stimulation to support mobility rehabilitation in patients suffering mobility impairments caused by stroke, ALS, and multiple sclerosis. Key strategics in the neuromodulation devices market include Boston Scientific, LivaNova, and Medtronic.

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Topics: Startup, Strategics, Medtech, Medtech Venture Capital, Medtech Innovation Weekly Update

Medtech Start-Ups: OneDrop, Flosonics Medical, Podimetrics, & more

Posted by Life Science Intelligence on Sep 1, 2020 9:03:00 AM

LSI's Medtech Start-Up Tracker is focused exclusively on covering the privately-held innovators changing the medical device landscape.  

OneDrop receives additional funding from Bayer, strengthening their collaboration

OneDrop is a digital health platform that utilizes 13 billion health data points to manage diabetes, cholesterol, and high blood pressure. The platform has over 2.5 million users worldwide. To-date the company has raised over $88M. Key competitors include Abbott, Dexcom, and Livongo.

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Artificial-intelligence-powered image analysis software is in development at See-Mode Technologies

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Topics: Startup, Strategics, Medtech, Medtech Venture Capital, Medtech Innovation Weekly Update, Medtech Unicorn

Medtech Start-Ups: Exo, Aerin Medical, Neurescue, Sonavex & more

Posted by Life Science Intelligence on Aug 24, 2020 11:27:04 AM

LSI's Medtech Start-Up Tracker is focused exclusively on covering the privately-held innovators changing the medical device landscape.  

Exo is combining nanoscale piezoelectric material with semiconductors to innovate ultrasound technology

Exo recently completed a Series B round worth $40M with backing from 7 investors, including Action Potential Venture Capital, Fiscus Ventures, and Reimagined Ventures. With this recent fundraising round, the company has raised over $87M. The company is expecting to make its handheld ultrasound technology available in Q1 2021. Major competitors in the ultrasound market include GE Healthcare, Philips, and Siemens Healthineers.

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Topics: Startup, Strategics, Medtech Venture Capital, Medtech Innovation Weekly Update, Medtech Unicorn

Medtech Start-Ups: MobileODT, Lief Therapeutics, StethoMe & more

Posted by Life Science Intelligence on Aug 21, 2020 8:20:00 AM

LSI's Medtech Start-Up Tracker is focused exclusively on covering the privately-held innovators changing the medical device landscape.  

MobileODT is developing visual assessment solutions for women’s health

The EVA System is an artificial intelligence-powered point-of-care visual diagnostic device. The technology is being utilized to streamline colposcopy and other gynecological examinations. The company recently raised $4M in a Series A round. Some of the key competitors in the point-of-care diagnostics market include BD, Danaher, and Roche.

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Topics: Startup, Strategics, Medtech, Medtech Venture Capital, Medtech Innovation Weekly Update, Medtech Unicorn