Augment Health is a medical device company in the southeast United States. Augment Health is focused on improving patient quality of life and care outcomes, initially focused on the population of catheter users with limited bladder sensation. They have developed a bladder management system that lets patients know when they need to go.
Oracle Health is a heart failure monitoring system that specialized in heart failure and cardiac arrhythmias. It monitors Heart Failure progression by analyzing trending changes in heart sounds and heart rhythms (ECG) with cloud-based pattern recognition (machine learning). The company was founded in 2019 and is headquartered in Houston, Texas.
Azimuth Sleep Solutions is a medical device manufacturer offering a solution to eradicate obstructive sleep apnea. It provides a completely custom fit, strapless CPAP device that is 3D printed and shipped directly to the customer. The company consists of medical artists and engineers who design products to meet the needs of the customers. It works closely with key opinion leaders in the field of sleep medicine and dental science to ensure the quality of products.
Diatech Diabetes is a MedTech startup that implements innovative solutions to enhance and help the lives of patients with diabetes. The company develops monitoring systems to personalize insulin delivery for patients with diabetes. Its solution is SmartFusion which is a system for insulin pumps that monitors insulin delivery for accuracy and infusion set failure. When SmartFusion's software is integrated into an insulin pump, its algorithm uses data from the pump, continuous glucose monitor, and patient infusion habits to monitor the success of daily insulin dosages.
Spiritum Solutions
Seed Round in 2018
Spiritum Solutions is striving to create a worry-free medical setting by virtually eliminating human error during patient recovery.
RistCall is a developer of wearable technology aimed at enhancing patient safety and satisfaction in hospitals and senior care communities. By updating traditional call bell systems, RistCall's smartwatch devices facilitate improved communication between patients and nursing staff. This innovation not only helps to reduce the incidence of patient falls but also aims to enhance patient satisfaction scores, such as HCAHPS. Through its focus on wearable technology, RistCall addresses critical needs in healthcare settings, ultimately striving to create a safer and more responsive environment for patients.
FlexSpark, Inc. is a company based in Atlanta, Georgia, that has developed a wearable electrical muscle stimulation device aimed at preventing deep vein thrombosis (DVT) and reducing muscle atrophy in intensive care unit patients. Founded in 2016, the device simulates natural leg movements through pain-free electrical pulses, which stimulate muscle contractions. This technology enhances blood circulation and muscle flexibility, thereby mitigating the risks associated with immobility due to injuries or surgeries. By supplementing traditional anticoagulants, FlexSpark's device not only prevents blood clots but also helps in maintaining muscle health, ultimately enabling patients to avoid lengthy rehabilitation periods.
Somavac Medical Solutions, Inc. is a medical technology company focused on enhancing post-operative care. Founded in 2016 and headquartered in Memphis, Tennessee, the company has developed the SOMAVAC 100, a sustained vacuum system designed to improve the recovery experience for patients undergoing various surgical procedures, including breast surgeries, abdominoplasties, mastectomies, and hernia repairs. The system features closed suction drains that help reduce the risk of seroma and its associated complications, providing an effective alternative to traditional post-surgical drain options.
Cast21 specializes in developing innovative orthopedic medical products, focusing on a lightweight, waterproof, and breathable cast designed for fracture and joint care. Their unique lattice-structure design addresses several limitations of traditional casts, providing comfort and convenience for patients. The cast's breathable material allows for skin care, enabling wearers to wash and scratch the skin beneath the cast while promoting healing. Additionally, Cast21's design incorporates the potential for electronic therapies, which can further reduce healing time. Overall, the company's products aim to enhance the recovery experience for patients by combining functionality with user comfort.
Lineus Medical specializes in developing medical devices aimed at preventing intravenous (IV) dislodgement and related mechanical complications. The company's flagship product, the SafeBreak Vascular device, incorporates patented break-away technology that facilitates a separation in the IV tubing when excessive tension is applied. This innovation is designed to enhance patient safety during IV therapy, helping to minimize the risk of dislodgement, blood loss, and potential infections. By focusing on the integration of this technology with various medical tubing, Lineus Medical aims to improve the overall quality of care for patients undergoing IV treatment.
SweetBio, Inc. is a medical device company based in Memphis, Tennessee, that focuses on the research, development, and manufacturing of innovative wound care solutions. Established in 2015, the company specializes in creating membranes that utilize medical-grade Manuka honey to enhance healing and reduce complications associated with various wounds, including surgical and diabetic ulcers. SweetBio’s flagship product, Apis, is a patented wound care patch that incorporates Manuka honey at a molecular level with gelatin and nanoparticles, resulting in a solid and long-lasting application that effectively manages exudate and maintains a moist wound environment. This product received FDA clearance in May 2019. SweetBio has participated in prominent accelerator programs and has gained recognition through media features, demonstrating its commitment to advancing wound care treatments.
Inspire Living, Inc. develops mobile pediatric respiratory monitoring devices. It offers INSPIRE, an automated electronic device that uses patented algorithms to determine accurate breath rate, heart rate, anxiety levels, body position, and more, enabling caregivers to accurately assess respiratory illness and conduct timely patient care. The company was founded in 2011 and is based in Fairfax, Virginia.
GlucosAlarm enables diabetic patients to easily manage their disease to avoid complications. Diabetes is a global epidemic that affects nearly 400 million people at a cost of over $600 billion per year. To properly manage the disease, diabetics must test their glucose levels several times a day, but current testing methods are inconvenient, painful and expensive. GlucosAlarm is a patent-pending glucose sensor that measures sugar levels in urine. It’s placed inside a toilet and is activated through a smartphone application. It´s easy to use, painless and affordable–and it fits naturally into patients’ daily routines, allowing them to manage diabetes and avoid costly complications.
EndoInSight specializes in developing a disposable insufflation system aimed at alleviating the pain and discomfort associated with colonoscopy procedures used for colorectal cancer screening. The company utilizes carbon dioxide for colon inflation, a method that significantly reduces post-procedural discomfort compared to traditional air insufflation. Despite the known advantages of using CO2, its adoption in clinical settings has been limited due to low awareness and the high costs of existing insufflation systems. By offering a cost-effective solution, EndoInSight seeks to enhance patient comfort and improve overall outcomes in colorectal cancer treatment.
Innometrix, Inc. is a Memphis-based company focused on developing advanced technology to enhance the diagnosis and treatment of female pelvic floor disorders. These conditions are prevalent, affecting approximately 50% of women who have given birth, and they contribute to significant healthcare costs. Innometrix aims to translate biomechanics into clinical solutions by producing a biomechanical snapshot of the female pelvic floor, providing physicians with vital data prior to surgical procedures. The company addresses the limitations of current treatment methods, which often rely on subjective judgment and have high complication rates. By creating innovative device solutions, Innometrix seeks to improve treatment outcomes and increase patient satisfaction in a field that requires significant advancements.
Blood Monitoring Solutions, Inc. is dedicated to advancing blood transfusion safety by providing innovative monitoring systems designed to prevent blood wastage. Based in Memphis, Tennessee, the company has developed a smart blood transport system that allows blood banks to continuously monitor the temperature and condition of each blood unit. This proactive, data-driven approach not only enhances patient safety but also helps reduce costs for hospitals globally. By ensuring that blood is stored within the appropriate temperature range, Blood Monitoring Solutions enables healthcare facilities to preserve blood for extended periods, thereby improving the efficiency of blood utilization and minimizing waste.
Compression Kinetics, Inc. is a Memphis-based company specializing in the design and development of innovative medical devices, particularly dynamic compression sleeves. These sleeves utilize shape memory alloy technology to generate pressure waves that enhance circulation, reduce peripheral edema, and help prevent blood clots. By translating clinically proven compression therapy into a sleek and mobile format, Compression Kinetics is positioned to make a significant impact in the $11 billion athletic compression apparel market. The company's products aim to improve recovery times and athletic performance for users, making advanced compression therapy accessible to both amateur and professional athletes.
View Medical, Inc. specializes in surgical lighting solutions aimed at enhancing visibility during deep cavity surgeries. Founded in 2013 and based in Memphis, Tennessee, the company has developed the SurgiLight lighting system, which connects to existing overhead surgical lights. This innovative system features a long, flexible cable that allows surgeons to direct bright, localized LED illumination onto the surgical site from various angles. By addressing the common issue of insufficient lighting in operating rooms, View Medical's product aims to reduce the risks associated with surgical errors, which cost the U.S. healthcare system approximately $1.5 billion annually. The SurgiLight offers a practical alternative to traditional surgical headlights, helping to improve operating conditions and ultimately enhance patient outcomes.
Better Walk Inc. is a company based in Atlanta, Georgia, that specializes in the design and development of innovative crutches. Established in 2013, Better Walk aims to enhance the user experience by alleviating pressure on the underarm area and minimizing direct force on the wrist, addressing common issues associated with traditional crutches. The company emerged from the idea that even longstanding technologies need modernization, a philosophy that has shaped its culture and growth. Better Walk gained initial support through the Zero To 510 accelerator program in Memphis, where it secured early venture funding. After relocating to Atlanta in late 2014, the company has been focused on finalizing the Better Walk crutch for production and is preparing for a product launch.
Mobilizer Inc. has developed an innovative six-wheeled holster designed to facilitate medical ambulation for critical care patients. Modeled after a wheeled walker, this holster features shelves and attachments that allow healthcare providers to easily transport necessary medical equipment, thereby enhancing patient well-being and improving operational efficiency within hospitals. The company emerged from the ZeroTo510 medical device startup accelerator, focusing on solutions that streamline the process of moving patients while ensuring that essential tools are readily accessible.
Cuff-Protect
Seed Round in 2013
Cuff-Mate skin barriers offer healthcare professionals a cost-effective way to protect their patients, themselves and equipment when taking vital signs.
Health & Bliss Inc. is a medical device company based in Memphis, Tennessee, specializing in the design, patenting, and sale of medical products and diagnostic tests. The company has developed Strep Test Anywhere, an innovative point-of-care device that enables testing for multiple infections, including strep throat, influenza A/B, chlamydia, gonorrhea, hepatitis B/C, and several other illnesses. By providing a means to obtain accurate test results without the need for a doctor visit, Health & Bliss aims to address significant barriers to effective healthcare, specifically time and cost. Their technology is designed to improve patient access to diagnostic services while benefiting healthcare providers and payers alike.
Although it is still relatively new, AIS, having a relationship with other biology-inspired computing models, and computational biology.
Restore Medical Solutions, Inc. is a medical device company based in Memphis, Tennessee, founded in 2012. The company specializes in manufacturing modular sterilization tray systems designed for use in hospitals and surgery centers. These systems aim to reduce the risk of surgical site infections by minimizing contamination from medical instruments. By enhancing efficiency and safety in healthcare settings, Restore Medical Solutions helps surgical departments improve the quality of care while also lowering costs. The innovative design of its products contributes to better operational productivity and supports the overall goal of delivering high-standard healthcare.
Urova Medical was founded in Memphis, TN with the goal of providing a novel solution to cure stress urinary incontinence safely, effectively, and conveniently.
Urova Medical’s technology was developed by an undergraduate team of talented biomedical engineers at Johns Hopkins University. The implant was designed extensively under the mentorship of physicians from the Johns Hopkins Hospital, the number one urological center in the US. Urova Medical has been part of the Zeroto510 Accelerator program sponsored by Innova Fund and MB Ventures, both venture capital firms based in Memphis
EcoSurg is a developer of environmentally-friendly surgical supplies aimed at minimizing the carbon footprint in surgical settings. The company’s primary product, the EcoSurg line of patient positioners, consists of disposable foam shapes designed for use in over 20 million surgical procedures annually in the United States. These positioners help ensure patient safety, comfort, and proper access to surgical sites. Traditional disposable positioners are made from petroleum-based materials, which pose environmental hazards and lead to increased disposal costs. EcoSurg's innovative approach seeks to address these concerns by providing sustainable alternatives that reduce environmental impact while maintaining the necessary functionality for surgical procedures.
Nanophthalmics has developed and is licensing a patent-pending platform technology for microfabricated instruments that engage tissue in entirely new ways. Their focus is on employing novel surgical devices, techniques, and materials to improve current treatment outcomes for ophthalmic and other microsurgical diseases. Their first commercial device is a disposable, 510(k) exempt, corneal micro-punch that enhances healing of abrasions, recurrent erosions, and other corneal diseases by modifying tissue attachments at a cellular level.
Bell BioNanonostics Corp. focuses on monitoring of bacterial infection. Bell BioNanonostics Corp. is based in the United States.
HandMinder is a developer of a portable hand rehabilitation device designed to aid stroke survivors in regaining hand function. With approximately 7 million stroke survivors in the United States and 795,000 new or recurrent cases each year, many face significant hand dysfunction, which affects their quality of life. Current rehabilitation methods primarily focus on muscle rehabilitation, often leaving patients in a passive role, and can be both expensive and inconvenient. Recognizing the need for more effective solutions, HandMinder utilizes patent-pending vibration-guided brain engagement technology that enhances neural connections between the hand and brain. Research indicates that this active engagement can double the amount of hand movement and improve its quality by 2.5 times compared to traditional treatments. The HandMinder device is designed to be affordable and convenient, making it suitable for use in both clinical settings and at home, ultimately aiming to improve rehabilitation outcomes for stroke victims.
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