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

Medtech Startups: CorWave, Stimit, Ablacon, Avisi Technologies & more

Posted by Life Science Intelligence on Jan 11, 2021 9:11:54 AM

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

CorWave raises $42.8M in Series C round

The company is developing a left ventricular assist device using proprietary wave membrane technology. The technology mimics the physiological flow of blood produced by the native heart. Funds from the round will be used to finalize product development, initiate the process of building manufacturing infrastructure, and initiate clinical testing for regulatory approval. Abbott, LivaNova, and Medtronic are key strategics in the ventricular assist devices market.

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

Medtech Startups: IsoPlexis, eVisit, Nēsos, & more

Posted by Life Science Intelligence on Jan 4, 2021 9:48:41 AM

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

IsoPlexis completes Series D round, raising $85M

IsoPlexis develops an end-to-end solution proteomics platform for curative medicine development. The IsoSpark platform is capable of evaluating the safety and efficacy of new therapeutics for chronic diseases and cancers. To-date, the company has raised approximately $154M in funding. Illumina, Qiagen, and Thermo Fisher are some of the key strategics in the molecular diagnostics market.

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

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: Pear Therapeutics, Attest Laboratories, PONS, & more

Posted by Life Science Intelligence on Dec 14, 2020 9:05:47 AM

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

Pear Therapeutics raises $80M in Series D round

Pear Therapeutics develops prescription digital therapeutics for the treatment of opioid use and substance use disorder. The company recently received FDA clearance for a third digital therapeutic for the treatment of chronic insomnia. According to a press release from the company, funds from the round will be invested in the commercialization of these three digital therapeutics, including the acceleration of reimbursement coverage.

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

Medtech Startups: Everlywell, AceAge, 4D Biomaterials, & more

Posted by Life Science Intelligence on Dec 7, 2020 10:16:36 AM

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

EverlyWell – delivering lab-quality diagnostic testing directly to patients’ homes

EverlyWell is simplifying the process for receiving diagnostic testing by allowing patients to collect and send-off testing samples from home. Results are digitally delivered to patients within a few days. The company offers diagnostic tests for general wellness, men’s and women’s health, metabolic health, sexual health, and COVID-19. EverlyWell recently closed a Series D round worth $175M, bringing the total funds raised to-date by the company to $250M. Key strategics in the diagnostic testing market include Abbott, Illumina, and Roche.

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

Medtech Startups: GT Technologies, Rubix LS, NuVera Medical, & more

Posted by Life Science Intelligence on Nov 30, 2020 8:34:36 AM

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

GT Medical Technologies closes Series B funding round

The round, funded by MVM Life Science Partners and two other investors, raised $16M to support the commercialization of the company’s FDA-cleared GammaTile Therapy. GT Medical’s GammaTile therapy is placed directly at the location of a brain tumor’s post-surgical excision to irradiate residual tumor cells and prevent tumor cell replication and recurrence. With the completion of this recent fundraising round, the company has raised approximately $29M. Accuray, Elekta, and Varian are some of the key strategics in the market for targeted radiation therapy.

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

Medtech Startups: Subtle Medical, Common Sensing, Medable, & more

Posted by Life Science Intelligence on Nov 23, 2020 10:06:22 AM

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

Subtle Medical raises $12.2M in Series A round

Subtle Medical develop solutions to improve medical imaging using artificial intelligence. The company’s proprietary algorithms are currently being applied to the FDA-cleared SubtlePET for AI-analysis of PET images and SubtleMR platform for the analysis MRI images. Competitors in the AI medical image analysis market include Arterys, Behold.ai, and Zebra Medical Vision.

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