Established in 2000, VIC Technology Venture Development is a venture capital firm specializing in seed and early-stage investments. It focuses on companies offering technology solutions, with a particular emphasis on healthcare-related technologies. Based in Fayetteville, Arkansas, the firm invests primarily in Arkansas-based companies, typically allocating between $0.25 million to $0.5 million per investment.
Nob Hill Therapeutics, Inc. is a biotechnology company focused on developing and marketing innovative dry powder nebulizers, specifically designed for the treatment of severe respiratory diseases. Founded in 2016 and based in Fayetteville, Arkansas, the company offers DryNeb, a groundbreaking nebulizer that operates differently from traditional aerosol mist devices. By utilizing a magnetically responsive element to create mechanical collisions in the dispersion chamber, DryNeb ensures consistent and reproducible delivery of medication, independent of the patient's inhalation force. This approach enhances the pulmonary route of drug delivery, which is gaining recognition for its ability to provide targeted, noninvasive administration of drugs directly to the lungs, resulting in improved bioavailability and faster therapeutic effects for patients suffering from various respiratory conditions. Nob Hill Therapeutics has secured exclusive licensing of this technology from the University of New Mexico, positioning itself to address substantial market opportunities in pulmonary drug delivery.
Neurexis Therapeutics
Seed Round in 2020
Neurexis Therapeutics specializes in developing treatments for neurological conditions. Their primary focus is on reducing brain damage from stroke through innovative therapeutic peptides designed to cross the blood-brain barrier.
Solenic Medical
Seed Round in 2020
Founded in 2019, Solenic Medical specializes in the development of a non-invasive medical device that uses alternating magnetic fields to eradicate biofilm on metallic implants. Its technology aims to address complications arising from surgeries like knee and hip replacements, as well as trauma-related implants.
Filtravate
Seed Round in 2020
Filtravate specializes in membrane technology, developing ultrafiltration membranes tailored for bioprocessing and biopharmaceutical industries. Its patent-pending technology, licensed from New Mexico State University, offers controlled pore size, even distribution, functionalized surfaces, significant anti-fouling properties, and improved flux characteristics.
Solenic Medical
Pre Seed Round in 2019
Founded in 2019, Solenic Medical specializes in the development of a non-invasive medical device that uses alternating magnetic fields to eradicate biofilm on metallic implants. Its technology aims to address complications arising from surgeries like knee and hip replacements, as well as trauma-related implants.
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