Hunniwell Lake Ventures
Hunniwell Lake Ventures is a venture capital investment firm established in 2019 and located in Palo Alto, California. The firm specializes in investing in the healthcare and medical device sectors, focusing on extensions of proven technologies in overlooked market segments. By providing entrepreneurs with a longer development timeline, Hunniwell Lake Ventures enables them to build a more comprehensive portfolio of products before monetization. The firm leverages its entrepreneurial spirit, operational expertise, and extensive global networks to enhance the profitability of its portfolio companies through improved market access, greater capital efficiency in research and development, and reduced manufacturing costs.
WaveClear
Series A in 2020
WaveClear specializes in medical device design and development, focusing on markets for ultrasonic therapeutic devices for the treatment of occlusive vasculature.
CoapTech, Inc. is a medical device company based in Baltimore, Maryland, founded in 2016. It specializes in developing ultrasound-based solutions for feeding tube placement, primarily through its Point-of-care Ultrasound Magnet Aligned (PUMA-G) System. This innovative system enhances safety by using ultrasound visualization to guide the insertion of gastrostomy tubes, thereby eliminating risks associated with traditional methods such as PEG blind sticks, endoscope reprocessing, and fluoroscopy. CoapTech’s technology, known as Coaptive Ultrasound, utilizes strong rare-earth magnets for device placement and low-cost ultrasound for real-time visual feedback. This approach allows non-surgical providers to perform the percutaneous ultrasound gastrostomy (PUG) procedure efficiently and safely, improving patient care delivery while reducing healthcare costs. The company aims to disrupt multiple medical procedures by providing simpler, safer, and more affordable alternatives, focusing on enhancing access to quality medical services globally.
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