Ortho · Devices
Round
$2M Convertible Note @ $8M pre money valuation cap
FDA milestone
FDA Breakthrough Device Designation and TAP enrollment, with Q-sub for GLP animal study protocol
Other groups in round
ATA, Georgia Tech Foundation Venture Fund, Fund That Tiger VC
Traction: Traction through strong third-party validation and early commercial readiness: NIH SBIR grant, selection into 3 competitive medtech accelerators and 1st/finalist in 3 startup award competitions; partnership with CDMO, endorsements from experienced orthopedic surgeons, and validation of fit within existing reimbursement codes from top consultants
What they're looking for: We'd love to connect with more KOLs and experienced Medtech advisors