MedVentures Top Companies Raise More than $30 Million in Two Years

 

Blog 2011-07-13 Money

 

Applications Deadline for 2011 Conference Approaching


Since 2009 the top MedVentures finalists have raised more than $30 million. MedVentures is an early-stage investment conference which showcases medical technology companies. This is a remarkable amount of money considering all but one top presenter were pre-revenue companies. To have a group with such collective success demonstrates the caliber of companies chosen to present at MedVentures.


One of the 2010 MedVentures top companies, Adapta Medical, Inc., made exceptional strides with the help of investors. The developer of several disposable medical devices received investment capital while executing on significant milestones like receiving FDA clearance and submitting additional patents.  Additionally, a significant cash infusion helped OrthoKinematics, Inc. with preparing to launch products early next year. The staple of success for most of the presenting companies was private capital through angel and venture capital sources.
However, the fundraising success for some was a bit non-traditional. Natural-Dental-Implant AG is a German company with a U.S. subsidiary. The organization raised funds here for a company proposing to do the development in Europe. Those dollars came with German government matching funds, a nice sweetener for the company's investors. Grants, SBA loans and partnerships with strategic investors also played a role in the fundraising successes.
Medventures 2011 is now accepting applications to present. Deadline is 7/31/2011. No cost to apply or present if chosen.


•    Application Guidelines
•    MedVentures 2011 Information
•    MedVentures 2010 recap


Here are the 2010 top ten companies in alphabetic order:


Adapta Medical, Inc. has developed several innovative disposable urological medical devices for inpatient and outpatient applications reducing catheterization time and infection rates.


Aequorea Vision Medical, Inc. has developed technology which will allow for the identification of cervical cancers caused by HPV and other cancers in real time.


Heart Test Laboratories Inc. has developed a proprietary patent pending device to identify myocardial abnormalities-ischemia, which is reduced blood flow to the heart muscle. This product can help in the early detection of heart attacks.


Kewl Innovations, Inc.'s small, lightweight Kewl device offers users an untethered and rechargeable device which controls and monitors the temperature of insulin on a single charge for up to three days in various environments.


Magaw Medical, LLC created the "CoPilot", a cost-effective and improved video laryngoscope that will raise the airway management standard of care.


Nanospectra Biosciences, Inc. has developed "AuroLase Therapy", which may allow the focal treatment of prostate cancer, treating only the tumor affected areas and reducing the side effects associated with current therapies


Natural Dental Implants, AG has developed a non‐surgical tooth replacement system that enables general dentists to replace teeth non‐surgically in a single appointment, thus reducing the time, cost and inconvenience associated with current techniques.


NetMed Care, Inc. is creating NetMed Care eClinics, a branded service that will change the way healthcare is delivered by creating access to quality health care, at reduced costs, for multiple market segments through a unique telemedicine solution.


OrthoKinematics, Inc. has launched the "KineGraph VMA", a new functional test for the spine that helps spine surgeons make better decisions to improve their surgical outcomes.


Palmaz Scientific, Inc. has developed proprietary nanotechnology based methods that are providing a potential game changing technology platform for the future of implantable medical devices.

Apply Now to present at the MedVentures 2011 conference on October 6th 2011

follow hubert on twitter @hubertzajicek

 

Post a comment