Medical device and OEM company Millar said today it inked an agreement with digital medtech company Endotronix granting it exclusive rights to its wireless MEMES sensor technology for use in neurosurgical devices. Houston-based Millar said the sensor technology will be used to develop an at-home monitor for intracranial pressure for patients suffering from hydrocephalus, looking […]
Endotronix Inc.
Endotronix raises $12m to support Cordella HF system
Endotronix said today it inked a $12 million term loan agreement with Silicon Valley Bank, with funds slated to support a clinical program for its Cordella heart failure system. The Woodridge, Ill.-based company’s Cordella system is composed of a wireless cardiac monitor and a miniature pressure sensor that’s designed to be implanted in a patient’s pulmonary artery to […]
Endotronix raises $32m Series C for wireless heart monitor
Endotronix said today that it raised a $32 million Series C round for the wireless heart monitor it’s looking to commercialize. Participants in the round included existing backers and an unnamed strategic investor, plus BioVentures Investors, SV Life Sciences, Lumira Capital, Aperture Venture Partners and OSF Ventures, Woodridge, Ill.-based Endotronix said. “We are pleased to welcome these high-caliber medtech […]
Endotronix pulls in $3.5m for wireless heart monitor
Endotronix raised $3 million and is looking to bring in another $540,000 in a new round of debt financing, according to an SEC filing posted last week. Woodridge, Ill.-based Endotronix develops wireless cardiac monitors, including a ‘tiny pressure sensor’ designed to be implanted in a patient’s pulmonary artery during a catheterization procedure, to wirelessly return PA […]
Endotronix co-founder Rowland mum on fundraising amount
Endotronix gets $250,000 JumpStart investment
Endotronix Inc., which is developing wireless heart sensor technology licensed from NASA, received a $250,000 investment from JumpStart Ventures.
The funding from the Cleveland-based economic development group is part of a larger, undisclosed investment round, according to a statement from JumpStart.
Endotronix’s implantable technology interacts with an external, hand-held measurement instrument and allows congestive heart failure patients to remotely monitor their blood pressure.