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.

Richard Fang

Managing Partner and Founder

Daniel Teo

Managing Partner and Founder

2 past transactions

WaveClear

Series A in 2020
WaveClear Inc. is a company dedicated to the development of medical devices aimed at treating vascular diseases. Founded in 2020 and based in Erie, Pennsylvania, WaveClear specializes in creating ultrasonic technology designed to clear occlusions in the peripheral vasculature. The company's focus lies in the design and development of ultrasonic therapeutic devices that address the needs of the occlusive vascular market.

CoapTech

Series B in 2020
CoapTech, Inc. is a medical device company based in Baltimore, Maryland, specializing in ultrasound-based solutions for the placement of feeding tubes. Founded in 2016, CoapTech has developed the Point-of-care Ultrasound Magnet Aligned (PUMA-G) System, which mitigates risks associated with traditional methods such as PEG blind sticks, endoscope reprocessing, and fluoroscopy by allowing for ultrasound visualization from the stomach wall to the surface. The company also offers a procedure known as Percutaneous Ultrasound Gastrostomy (PUG), designed for critical care physicians and non-surgical providers to simplify the insertion of gastrostomy tubes. Utilizing a proprietary technology called Coaptive Ultrasound, CoapTech combines magnetic device guidance with real-time ultrasound feedback, aiming to improve safety, reduce healthcare costs, and enhance patient care experiences. Their focus on the PUG procedure highlights a commitment to innovation, safety, and accessibility in medical care delivery across various patient populations.
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