Hunniwell Lake Ventures

WaveClear Inc. is a medical device company based in Erie, Pennsylvania, established in 2020. The company focuses on the design and development of ultrasonic therapeutic devices specifically aimed at treating vascular diseases. Utilizing advanced ultrasonic technology, WaveClear aims to address occlusions within the peripheral vasculature, offering innovative solutions for healthcare providers and patients suffering from vascular conditions.

CoapTech is an early-stage medical device company based in Baltimore, Maryland, founded in 2016 by Dr. Tropello. The company specializes in researching and manufacturing ultrasound-based solutions for feeding tube placement. Its flagship product, the Point-of-care Ultrasound Magnet Aligned (PUMA-G) System, utilizes a patent-pending technology called Coaptive Ultrasound to enhance safety and reduce healthcare costs. This system employs strong rare-earth magnets for device guidance and real-time, low-cost ultrasound for visual feedback, enabling non-surgical providers to perform procedures such as Percutaneous Ultrasound Gastrostomy (PUG). By eliminating risks associated with traditional methods like organ damage, infections, or cancer from fluoroscopy, CoapTech aims to improve medical care delivery globally.