Medtech Startups: MIVI Neuroscience, Age-Less AI, Vitls, & more

Posted by Life Science Intelligence on Feb 1, 2021 8:42:52 AM

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

MIVI Neuroscience – next-generation solutions for neurointervention

MIVI is currently developing the DAISe Clot Retrieval System, a catheter deployed solution intended to facilitate clot retrieval. The device uses unique materials that are vessel conforming and prevent mechanical backstop. In addition to the DAISe system, the company is developing the Q Aspiration System. In January 2021, the company closed a Series B round of $35M. The funds from the round will be used fund clinical trials and subsequent commercialization of the two products. Penumbra, Stryker, and Terumo are leading competitors in the market for neurointerventional devices.

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

Medtech Startups: Resmonics, EBR Systems, Neuros Medical, & more

Posted by Life Science Intelligence on Jan 25, 2021 8:06:15 AM

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

Resmonics is developing a digital biomarker service for patients with asthma and COPD

Asthma Guardian is the company’s first product. The smartphone application monitors a patient’s breathing in real-time for signs of future exacerbations. The company recently closed a pre-seed financing round. Funds from the round will be used to accelerate market entry for the company’s digital health application, which is anticipated to reach European markets in Q3/21.

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Medtech Startups: Noctrix Health, Moray Medical, OptiCyte, & more

Posted by Life Science Intelligence on Jan 18, 2021 9:29:56 AM

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

Noctrix Health raises $17M from Series B round

Noctrix Health is developing wearable therapeutics for the management of chronic illnesses. The company was founded to develop a non-pharmaceutical treatment for restless leg syndrome (RLS). Using a neuromodulation-based approach to treat the painful sensations associated with RLS. The device has received “Breakthrough Device Designation” from the US FDA. Boston Scientific, Medtronic, and Nevro are some of the key strategics in the neuromodulation devices market.

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Medtech Startups: Cimon Medical, TYBR Health, Carlsmed, & more

Posted by Life Science Intelligence on Dec 28, 2020 10:26:32 AM

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

Cimon Medical is developing ultrasound technology for continuous blood flow monitoring

The company’s first product, NeoDoppler, is being developed to monitor and reduce the risk of neurodevelopmental damage in neonates. The company is currently working with manufacturing partners to achieve a launch in Q4 2021. In December 2020, Cimon Medical raised $7M in capital from a Series A round. Key strategics in the ultrasound market include GE Healthcare, Philips, and Siemens.

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

Medtech Startups: Occuity, Path EX, EKO, StartBox, & more

Posted by Life Science Intelligence on Nov 16, 2020 7:55:33 AM

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

Occuity is developing non-contact diagnostic devices for disease screening and monitoring

The company’s intellectual property is being used to develop handheld pachymeters, keratometers, and pupillometers for use in human and veterinary optometry. According to Occuity, the device will be released in 2021. In October 2020, the company raised $1.3M in a Seed round. Alcon, Carl Zeiss, and Nidek are key strategics currently competing in the ophthalmology market.

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

Medtech Startups: Neuros Medical, Robocath, Koa Health, & more

Posted by Life Science Intelligence on Nov 9, 2020 8:21:56 AM

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

Neuros Medical is raising $42.8M in equity

Currently the company has completed the sale of $37M in equity from 24 investors. Neuros Medical is a developer of proprietary neuromodulation technology for the treatment of chronic pain. Neuros’ Altius System uses an implantable generator to deliver electrical signals in the peripheral nervous system to block pain signals. Major competitors in the neuromodulation market include Abbott, Boston Scientific, and LivaNova.

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Medtech Startups: Venari Medical, Companion Medical, InnoVein, & more

Posted by Life Science Intelligence on Nov 3, 2020 7:37:36 AM

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

Venari Medical completes $5.3M Seed round

The company is developing BioVena, a catheter-based therapy for chronic venous disease. BioVena disrupts the inner vessel lining, which causes natural scarring and vessel closure that diverts blood away from the diseased vessels. Abbott, Boston Scientific, and Edwards are some of the key strategics in the competitive landscape.

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Medtech Startups: Diality, Articulate Labs, Cue Health & more

Posted by Life Science Intelligence on Oct 26, 2020 8:01:46 AM

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

Diality – bringing dialysis into the patient’s home

Diality is developing a portable home hemodialysis machine intended to help improve the quality of life of patient’s with kidney disease. The company’s product is currently pending CE Mark in the EU and FDA clearance in the US. Diality has raised $30.5M in capital as of October 2020. Key strategics in the hemodialysis market include Baxter, Fresenius, and Nipro.

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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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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