Medtech entrepreneurs agree that it’s still tough to find funding at the Series A level. Here’s their advice about how to find it. Bill Evans Competition for medtech venture investing is fierce, at the same time that traditional investors pull back from the space. To get to the bottom of what’s going on, I reached […]
Venture investing in medtech and digital health: What the entrepreneurs see
Medtech entrepreneurs at the Series A level agree that the funding environment remains challenging. Bill Evans Entrepreneurs at the Series A funding level tend to report that their part of the funding lifecycle remains very challenging, as has been for the last decade. They also report that many A Round investors are angels, often knowledgeable […]
Medtech venture investing trends: Here’s what you need to know
Ask any early-stage medtech or digital health entrepreneur, and they’ll tell you how tough it is. There’s tremendous competition for venture investing, coupled with a pullback by previously traditional investors in this space. Bill Evans While venture investment in medtech and digital health has recovered since the financial crisis of a decade ago — setting […]
Bay Labs wins FDA clearance for AI-based echocardiogram analysis
Bay Labs has received 510(k) clearance from U.S. FDA for use of its EchoMD AutoEF software product to provide fully automated clip selection and calculation of left ventricular ejection fraction (EF), the San Francisco–based company said today. The EF is the percentage of blood leaving a heart each time it contracts. Bay Labs in its news release […]
Move carefully to the exit, veteran medtech sellers warn
Beyond their altruistic and sales goals, medical device startups generally keep an eye out for the exit. Getting there requires planning, patience and persistence, according to a couple of medtech executives who’ve been through it. Martha Shadan headed Plymouth, Minn.–based Rotation Medical, a private company sold to Smith & Nephew in December 2017, just three […]
7 ways you can doom your medical device startup
Randy Nelson has worked with medical device startups for more than a dozen years through his Evergreen Medical Technologies (St. Paul, Minn.), as well as the University of Minnesota’s Carlson School of Management. A product development veteran of St. Jude Medical and Boston Scientific, Nelson has pretty much seen it all when it comes to […]
Will medtech drive the next Southeastern U.S. industrial revolution?
Paul Snyder, Write2Market Once home to a thriving textile industry replete with chemical and mechanical engineers working to improve the soil and machinery converting raw cotton into commercial goods, upstate South Carolina may be on the precipice of its next industrial revolution: medtech. Born from technology developed at the Albert Einstein College of Medicine, Greenville-based […]
How to protect your medtech startup’s innovations
Building a strategic patent portfolio is crucial to success for a medtech startup. David J. Dykeman, Greenberg Traurig When it comes to starting and building a medical device company, a strong patent strategy tied to business goals can be the driving force behind venture capital investment, strategic collaborations, and mergers and acquisitions. In order to […]
20 medical device startups you need to know
There’s a lot of excitement these days around digital health. But there are actually many medical device startups out there in other spaces that continue to push the overall boundaries of medtech. From neuromodulation to drug delivery, surgical robotics and more, here’s a roundup of 20 medical device startups catching the eye of Medical Design […]
Medical device startups: Here’s how you handle verification and validation
The two “Vs” — also known as V&V, verification and validation — serve to link the medical device product that has been developed all the way back to the initial customer needs and product requirements. Bill Betten, Betten Systems Solutions While many think that verification and validation only occur at the end of the medical device development […]
RxFunction raises $7.5 million for its wearable sensory prosthesis
Medical wearable startup RxFunction (Eden Prairie, Minn.) announced today that it has raised $7.5 million in Series A funding as it prepares for market launch of its Walkasins wearable sensory prosthesis. The round, which surpassed RxFunction’s initial $5 million funding goal, was led by Edina, Minn.–based Cedar Point Capital, a boutique investment banking firm. The […]
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