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BioWorld - Wednesday, May 13, 2026
Home » Topics » Medical technology, Newco news

Medical technology, Newco news
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Gloved hand holding rolled electrode

Neuroone thin film electrode technology enables extended, minimally invasive device

Aug. 25, 2020
By Annette Boyle
Neuroone Medical Technology Corp.’s thin film, high definition cortical electrode technology, Evo, can record, monitor, ablate, and stimulate brain tissue for up to 30 days, potentially transforming neurosurgical procedures used to treat epilepsy, Parkinson’s disease, chronic pain, and other conditions.
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Richard Lipscombe in the lab

Proteomics rolls out blood-based diagnostic to predict diabetic kidney disease

Aug. 18, 2020
By Tamra Sami
PERTH, Australia – With 1 in 3 patients with type 2 diabetes likely to develop diabetic kidney disease (DKD), Perth-based Proteomics International Laboratories Ltd. has developed a blood-based diagnostic test that can predict the onset of DKD, enabling patients to get treatment sooner to prevent the onset of the disease.
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Product image

Clearcam sees quicker path to market with $2.6M series 2 seed round funding

Aug. 12, 2020
By Annette Boyle
Clearcam Inc.'s Kelling device has an improved view of the market thanks to the closing of a $2.6 million series 2 seed financing round, led by investor and entrepreneur Frank Barbella, CEO of Solv Risk Solutions.
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Non-thermal plasma catheter

CAPS Medical snags $3.5 million in series A financing

July 31, 2020
By Annette Boyle
CAPS Medical, of Netanya, Israel, closed a $3.5 million series A round led by Chasing Value Asset Management and the Los Angeles-based Israel Investment Fund Group. The new funds will be used to enable CAPS to undertake its first clinical trial for its minimally invasive, nonthermal plasma device for cancer treatment and further develop its portfolio for the treatment of solid tumors.
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Bioprinter device

Aussie startup Inventia could revolutionize skin regeneration with 3D bioprinting robot

July 31, 2020
By Tamra Sami
PERTH, Australia – Startup Inventia Life Science Pty. Ltd. has received two major investments from the Australian government to accelerate the development of a robotic device that prints a patient’s own skin cells directly onto a burn or wound. Named Ligō from the Latin “to bind,” the device could revolutionize the way surgeons approach wound repair.
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Newco news

Starvation safety switch could make cell therapies safer

July 28, 2020
By Anette Breindl
By deleting the gene for uridine monophosphate synthetase (UMPS), an enzyme in the pathway for uridine synthesis, researchers have made cells, including embryonic stem cells and T cells, dependent on dietary uridine. The work, which was published in the July 13, 2020, online issue of Nature Biotechnology, adds a new potential way of controlling cell therapies.
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Dollar sign in lightbulb

Endpoint Health comes out of stealth mode, lands $12M

July 13, 2020
By Liz Hollis
Endpoint Health Inc. has made its official debut, scooping up $12 million in debt and equity financing from a host of investors, including Mayfield, Y Combinator, Ame Cloud Ventures and Wireframe Ventures. The Palo Alto, Calif.-based company is focused on helping people with illnesses such as sepsis and acute respiratory distress syndrome (ARDS) – life-threatening conditions often caused by serious infections, including COVID-19.
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Euro symbol in piggy bank

Mastor's growth prospects boosted by Sofinnova seed funding and expertise

July 6, 2020
By Annette Boyle
Mastor SAS secured €3 million (US$3.39 million) in seed investment from Sofinnova Partners' MD Start III Fund and €1.9 million in non-dilutive funding through the i-Nov Innovation Award from BPI France, the French national public investment bank.
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3D heart in chest

Protaryx Medical raises $8.3M to help with left-heart interventions

June 30, 2020
By Liz Hollis
Protaryx Medical has picked up $8.3 million to develop its device for precision transseptal access to the left atrium for use during structural heart and catheter ablation procedures. The funding includes nondilutive grants and a seed round totaling $3.2 million, as well as the recently closed $5.1 million series A financing led by Ajax Health, with participation from returning investor University of Maryland (UM) Ventures.
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Group photo in lab

Canadian, U.S. investors boost the fortunes of long-term transcatheter heart pump

June 26, 2020
By David Godkin
TORONTO – Once he’d enrolled in an entrepreneurial engineering course, third-year medical school student Gabriel Georges’ task was deceptively simple: come up with a device to meet an unmet medical need. Before long, Georges had pulled two other students with engineering and investor relations smarts into the project, developing a minimally invasive, long-term transcatheter heart pump that this month garnered financing from Canadian and U.S. investors.
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