Indianapolis, INReturning presenter (Oct 2024)
Round
$5.5 million Priced Round @ $10 million
FDA milestone
510(k) cleared (June 2025) for first indication (wound care)
Other groups in round
Elevate Ventures
DD package
Elevate Ventures has a diligence packet they are willing to share
Traction: MOU in place with commercial partner for wound care
Cardio · Devices
Round
$3,000,000 Undecided @ 12,000,000 post
FDA milestone
QMS in place. Regulatory/Quality consulting secured.
FDA timeline
12 months to submission
Other groups in round
our pre-seed round had participation from Baxter Healthcare, Endeavor Health and mHUB Ventures.
Traction: LOI from Who We Play For
What they're looking for: business strategy, KOL access, funding
Pulmonary · DevicesGlen Allen, Virginia
Round
$1.5M in Convertible Notes Convertible Note @ $12M cap on the notes
Closed
$275K closed with a further $500K additional committed
FDA milestone
2 products FDA 510(k) cleared and we are now moving into initial clinical work
Other groups in round
VVP, CAV Angels, Rowan Innovation Fund, Alamo Angels, 757 Angels
DD package
This is an insider-led round, previous DD has been conducted yet is dated
Traction: LOS from 10 physicians/institutions, multiple clinical sites moving thru IRB process for clinical use
What they're looking for: KOL & Strategics connections are always welcome where possible - thank you!