Seed stage investor and venture developer CincyTech said today it has invested in Xact Medical, developers of the Fast Intelligent Needle Delivery device designed to aid in needle placement. Israel-based Xact Medical’s FIND system is designed based on technology from the Cincinnati Children’s Hospital and Ben Gurion University in Israel, and uses robotics and ultrasound to […]
CincyTech
CincyTech closes $31m fund
Seed stage investor and venture developer CincyTech said today it closed a $31 million funding round to support approximately 25 digital and life science companies in southwest Ohio over the next 3 years. The fund, the 4th for the company, combines $21 million in private placement raised by Cincinnati-based CincyTech along with a $10 million […]
Funding: Ohio’s SpineForm lands $1.6M FDA grant
The FDA’s Orphan Products Grants Program awarded a $1.6 million grant to Ohio medical device maker SpineForm, according to an agency press release.
SpineForm was the only medical device maker among the 15 grant recipients, with about $13.4 million going mostly to hospital research programs.
