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

Medtech Start-Ups: Inflammatix, Immertec, Novoic, CardioMech & more

Posted by Life Science Intelligence on Aug 20, 2020 8:30:00 AM

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

Novel molecular diagnostics for the detection of acute infections and sepsis from Inflammatix

Using proprietary machine learning algorithms, Inflammatix’s HostDx InSep and HostDx Fever are rapid point-of-care tests capable of producing results in 30 minutes or less. Inflammatix has successfully raised an estimated $33M in funding since its founding in 2016. Key competitors in the point of care diagnostics market include Abbott, BD, and Roche.

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

Medtech Start-Ups: Transformative AI, Nanox Imaging, Eargo & more

Posted by Life Science Intelligence on Aug 17, 2020 9:15:00 AM

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

Transformative AI is developing predictive patient monitoring software

The technology is being developed to identify patients at imminent risk of sudden cardiac arrest using machine learning techniques employed at CERN’s Large Hadron Collider. Transformative AI recently completed a Seed round valued at $1.7M with backing from InHealth Ventures, Tera Ventures, and Wellcome Trust.

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

Medtech Start-Ups: Aatru Medical, CuraFix, NanoVation, & more

Posted by Life Science Intelligence on Aug 14, 2020 8:15:00 AM

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

Aatru Medical Submits its NPSIMS Negative Pressure Wound Therapy Device for FDA Clearance

The device is a single-use negative pressure wound therapy device focused on managing surgical site infections that can occur during the 50M+ surgeries performed globally each year. Aatru announced that it had recently completed a Series C round of fundraising to support product development and assist with other short-term initiatives. Key players in the multi-billion dollar wound management market include 3M, Baxter, and Smith & Nephew, among others.

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

Medtech Start-Ups: DeepSpin, Biodirection, CVRx, Positrigo, & more

Posted by Life Science Intelligence on Aug 13, 2020 8:15:00 AM

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

MRI innovators DeepSpin complete Seed Round to fund development of its helium-free system

The July Seed round was valued at $679,000. DeepSpin’s MRI system is being touted as being cost-effective, portable, and helium-free. The German-based company enters a market with many key strategics, including Canon, Philips, and Siemens Healthineers, among others.

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

Medtech Start-Ups: Protaryx Med., ivWatch, Resistell, MastOR, & more

Posted by Life Science Intelligence on Aug 12, 2020 11:07:41 AM

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

Protaryx Medical raises $5.1M in recent Series A

The company is developing a novel device that optimizes transseptal access to the left atrium during structural heart and catheter ablation procedures. To-date, the company has raised $8.3M. Key strategics in the structural heart devices market include Abbott, Edwards Lifesciences, and Medtronic.

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Topics: Strategics, Medtech, Medtech Venture Capital