Medtronic

Medtronic is a global leader in healthcare technology, specializing in solutions for complex and chronic conditions. The company develops a wide range of medical technologies that address 70 different medical conditions, including treatments for the lungs, brain, heart, diabetes, and women's health. Its product offerings encompass patient monitoring systems, robotic surgery, insulin pumps, and cardiac devices, among others. Medtronic is committed to improving patient outcomes through innovative therapies and technologies that provide lifelong solutions, particularly for those suffering from chronic pain. With a focus on addressing diverse healthcare challenges, Medtronic leverages its extensive knowledge and dedication to enhance the lives of patients worldwide.

Michael Blackwell

Vice President and Managing Director

Linnea Burman

SVP and President, Neurovascular

Lifei Cheng

Vice President

Todd Gillenwater

Senior Director, Government Affairs

Alex Gu

President

Rob Ten Hoedt

Senior Vice President and President, EMEA and Canada

Jeff Kramer

Vice President, Research and Technology, RTG

Geoffrey Martha

CEO and Chairman Of The Board Of Directors

David Neustaedter Ph.D

Vice President, Venture Capital

Paul J. Robinson

Director of Operations

Eileen Sheil

Vice President Communications

157 past transactions

Rosenbot

Series C in 2025
Rosenbot provides medical robot technology and uses technological innovation to promote the reform of medical models. It is committed to creating a new generation of orthopedic surgery robot systems with intelligent fracture reduction functions, it is the first in the world to realize advanced technologies such as intraoperative real-time 3D navigation, assisted fracture reduction operation, automatic operation planning, etc. The intelligent surgical operation of the whole operation process meets the urgent needs of clinical treatment.

FIRE1

Venture Round in 2025
FIRE1 and is based in Dublin, Ireland, will focus on developing novel therapeutic devices.

Fortimedix

Acquisition in 2024
Fortimedix is a global leader in the field of endovascular stents. With full in-house stent development and manufacturing capabilities, they have been a trusted partner for over 15 years. As a leader in stent technology, they invest heavily in research & development which fosters innovation, enables continuous improvement, and fulfils their dedication to operational excellence. At Fortimedix everything they do is inspired by their Mission and Vision. It is of great importance to us that their customers, employees and stakeholders know what they stand for and where they are going.

Avation Medical

Series C in 2024
Avation Medical, Inc. is focused on developing a non-invasive closed-loop neuromodulation system designed for the at-home treatment of overactive bladder. Established in 2016 and based in Columbus, Ohio, the company is pioneering wearable nerve stimulation platforms that emphasize patient empowerment and personalized care. By re-imagining neuromodulation through innovative, proven technologies, Avation Medical aims to enhance the management of chronic conditions, offering solutions that prioritize the needs and experiences of patients.

EOFlow

Acquisition in 2023
EOFlow Co., Ltd. is a South Korean company that specializes in drug delivery solutions, focusing primarily on the development and manufacturing of wearable insulin pumps. Its flagship product, EOPatch, is recognized as the world's smallest full-featured disposable insulin pump. This innovative device is designed to be smarter, better-connected, and longer-lasting than its competitors, while also being more cost-effective. EOFlow is also enhancing the EOPatch with software upgrades that will enable closed-loop insulin control, effectively functioning as an automated insulin delivery system. Additionally, the company is working on an all-in-one wearable disposable artificial pancreas solution, which has received Breakthrough Device designation from the FDA, highlighting its potential to significantly impact diabetes management.

FIRE1

Venture Round in 2023
FIRE1 and is based in Dublin, Ireland, will focus on developing novel therapeutic devices.

CathWorks

Corporate Round in 2022
CathWorks Ltd. is a medical technology company that specializes in enhancing percutaneous coronary intervention (PCI) therapy decisions through its advanced computational science platform. Founded in 2013 and headquartered in Kfar-Saba, Israel, with an additional office in the United States, the company has developed the CathWorks FFRangio, a non-invasive device that provides objective, multi-vessel physiologic measurements. This tool transforms coronary angiography from a subjective visual assessment into an objective decision-making framework based on fractional flow reserve (FFR) metrics. By utilizing sophisticated algorithms to process visual information, CathWorks aims to improve the efficiency of cath lab operations and support healthcare providers in making data-driven clinical decisions.

CathWorks

Acquisition in 2022
CathWorks Ltd. is a medical technology company that specializes in enhancing percutaneous coronary intervention (PCI) therapy decisions through its advanced computational science platform. Founded in 2013 and headquartered in Kfar-Saba, Israel, with an additional office in the United States, the company has developed the CathWorks FFRangio, a non-invasive device that provides objective, multi-vessel physiologic measurements. This tool transforms coronary angiography from a subjective visual assessment into an objective decision-making framework based on fractional flow reserve (FFR) metrics. By utilizing sophisticated algorithms to process visual information, CathWorks aims to improve the efficiency of cath lab operations and support healthcare providers in making data-driven clinical decisions.

Surgerii Technology

Series C in 2022
Beijing Surrey is a technology company founded by an industry elite active in China's medical equipment. Relying on the core technology of the new generation of flexible continuum robotic arm, running through the implementation paradigm of many types of clinical minimally invasive surgery, and harnessing the powerful system design and integration capabilities, Beijing Shurui is committed to becoming the first independent independent research and development, production and sales in China.

Orchestra BioMed

Series D in 2022
Orchestra BioMed, Inc. is a biomedical innovation company focused on developing high impact, high value, evidence-based therapeutic solutions for medical procedures that address major medical conditions. Its main focus is on developing new therapies for cardiovascular diseases which are the leading cause of death worldwide, taking the lives of 17.7 million people each year, or 31% of all global deaths according to the World Health Organization. It was founded in 2017 and is headquartered in New Hope, Pennsylvania.

Titan Medical

Post in 2022
Titan Medical Inc. is a research and development stage company based in Toronto, Canada, specializing in the design and commercialization of robotic surgical technologies for minimally invasive surgery (MIS). The company is advancing the SPORT Surgical System, a single-port robotic system that incorporates a surgeon-controlled patient cart with a 3D high-definition vision system and multi-articulating instruments. This system is designed to facilitate various surgical procedures, including those related to gynecologic, urologic, colorectal, and abdominal health. Additionally, Titan Medical is developing the Enos robotic single-access surgical system, further expanding its offerings in the field of robotic-assisted surgery.

Affera

Acquisition in 2022
Affera, Inc. is a medical technology company based in Watertown, Massachusetts, established in 2013. The company focuses on developing innovative systems aimed at treating cardiac arrhythmia, a common condition that affects millions globally. By designing and advancing novel medical devices, Affera seeks to address the unmet needs within the field of cardiac arrhythmia treatment, thereby enhancing the capabilities of healthcare institutions in managing this significant health issue.

Surgerii Technology

Series B in 2021
Beijing Surrey is a technology company founded by an industry elite active in China's medical equipment. Relying on the core technology of the new generation of flexible continuum robotic arm, running through the implementation paradigm of many types of clinical minimally invasive surgery, and harnessing the powerful system design and integration capabilities, Beijing Shurui is committed to becoming the first independent independent research and development, production and sales in China.

Rockley Photonics

Post in 2021
Rockley Photonics Limited is a London-based company founded in 2013 that specializes in silicon photonics for various applications. The company develops a comprehensive range of photonic integrated circuits, sensors, and full-stack solutions aimed at high-volume markets. Rockley's technology is designed for next-generation sensing platforms, including mobile health monitoring and machine vision, as well as for high-speed data communications. By focusing on integrated optical modules, supporting electronics, software, and AI platforms, Rockley aims to establish a strong presence in dynamic and rapidly growing sectors. The company envisions photonics becoming as ubiquitous as microelectronics, leveraging its versatile platform to address diverse market needs.

Scivita Medical

Series A in 2021
Scivita Medical is a high-tech enterprise engaged in the field of optical diagnosis and treatment, multidimensional images development, high-performance materials research and precision manufacturing with minimally invasive medical treatment. Scivita Medical's product covers both flexible endoscopy and rigid endoscopy, and has unique advantages in the research and commercialization of all cutting-edge technologies in the field of medical endoscopes. It has ultra-high-definition visualization technology (such as 4K UHD visualization), 3D visualization technology, special light visualization technology (such as fluorescence visualization), ultra-fine endoscopic visualization technology, single-use technology, etc.

Marblehead Medical

Acquisition in 2021
Marblehead Medical is a company focused on developing a medical device designed to enhance the effectiveness of mechanical thrombectomy in interventional neurovascular procedures. The device offers several key improvements, including enhanced support for distal access devices, increased suction efficiency, and a reduced risk of embolism. Additionally, it features an increased luminal diameter to accommodate contemporary distal access catheters. These advancements aim to provide stroke victims with a more effective treatment option during critical medical interventions.

BrainsGate

Series F in 2020
BrainsGate, Ltd. is a medical device company based in Caesarea, Israel, specializing in therapies for patients with central nervous system diseases. The company has developed a technology platform that utilizes electrical stimulation of the spheno-palatine ganglion (SPG) to enhance cerebral blood flow. Currently, BrainsGate is focused on treating acute ischemic stroke through its innovative ischemic stroke system, which involves a miniature electrode implanted in the roof of the mouth during a minimally invasive procedure. This method is performed under local anesthesia and is comparable to standard dental treatments. The company has conducted several clinical trials, including a pivotal trial with 300 patients that validated the safety and efficacy of its treatment. BrainsGate is also engaged in a multi-national, randomized study known as ImpACT-24b, aimed at further assessing the effectiveness of its approach within a critical 24-hour window following a stroke.

Ai Biomed

Acquisition in 2020
Ai Biomed is a company based in Santa Barbara, California, specializing in the development of parathyroid detection systems. Its technology enables real-time identification of parathyroid tissue during surgical procedures, such as thyroidectomy and parathyroidectomy, as well as radical neck dissection. This innovation aims to enhance surgical precision and improve patient outcomes by providing surgeons with critical information during operations.

Triple Jump Medical

Venture Round in 2020
Triple Jump Medical is a developer of an insulin pump intended to treat diabetic patients.

BioProtect

Series D in 2020
BioProtect Ltd. is an international medical device startup. It is primarily engaged in to the business of developing and commercializing biodegradable balloon spacers for the protection of normal tissue during cancer radiation therapy. The company's current focus in the growing radiotherapy spacers market, where its ProSpace balloon spacer (CE marked) has shown superior efficacy and safety in protecting the rectum during radiation therapy for prostate cancer. The company's technology platform of biodegradable implantable balloons suits a wide range of applications for unmet clinical needs. BioProtect was founded in the year 2004 and headquartered in Israel, with subsidiaries in Germany and US.

Companion Medical

Acquisition in 2020
Companion Medical, Inc. is a company based in San Diego, California, that specializes in diabetes management through the development of innovative medical devices. Established in 2013, it has created InPen, a smart insulin delivery system that integrates a wireless-enabled insulin pen with a mobile application. This system calculates and recommends optimal insulin dosing, tracks the history and timing of doses, monitors insulin temperature, and reports data to healthcare providers. By utilizing advanced technologies such as Bluetooth, Companion Medical aims to enhance patient care for insulin-dependent diabetics, facilitating better management of their condition through constant tracking and monitoring of injection data. As of September 2020, Companion Medical operates as a subsidiary of Medtronic plc.

Sinovation

Venture Round in 2020
Sinovation Medical specializes in the development of advanced medical robotic technology and innovative medical products. The company is dedicated to enhancing precision in healthcare through its surgical robots, which integrate clinical computer vision technology. These robots are primarily utilized in neurosurgery, addressing conditions such as epilepsy, Parkinson's disease, cerebral hemorrhage, and intracranial tumors. By providing reliable medical robotics, Sinovation aims to improve care for patients and support medical professionals in delivering effective treatments.

Medicrea

Acquisition in 2020
Medicrea is a specialized spinal implant company committed to delivering innovative technologies for the global healthcare market. With over 18 years of experience, the company offers a comprehensive range of patented products designed to enhance patient outcomes and support healthcare professionals. Medicrea develops personalized analytical services and implant systems aimed at providing long-lasting pain relief for patients undergoing spinal surgery. Its product portfolio includes the UNiD Adaptive Spine Intelligence technology, as well as the PASS Range, Cervical Range, and TH-LUMBAR Range, each tailored to meet specific clinical needs.

Digital Surgery

Acquisition in 2020
Digital Surgery is a privately-held pioneer in surgical artificial intelligence (AI), data and analytics, and digital education and training.

Stimgenics

Acquisition in 2020
Stimgenics is a private company that pioneered a novel spinal cord stimulation waveform known as Differential Target Multiplexed (DTM) Spinal Cord Stimulation.

Klue

Acquisition in 2019
Klue, Inc. is a digital health technology company based in San Mateo, California, founded in 2016. It specializes in developing artificial intelligence-based software and wearable technology that detects meals and provides insights into users' eating behaviors. By leveraging behavioral artificial intelligence, Klue aims to address obesity by helping individuals cultivate healthier eating habits in real-time. The company operates as a subsidiary of Medtronic plc.

AV Medical

Acquisition in 2019
AV Medical is a medical device company focused on developing catheter-based interventions specifically for dialysis patients who require routine angioplasty procedures. Its primary product, the Chameleon PTA balloon catheter, incorporates innovative Supervision technology that allows for the targeted injection of diagnostic fluids. This feature enables physicians to visualize the status of the balloon—whether inflated or deflated—while maintaining wire position, thereby enhancing procedural efficiency and safety. The Chameleon catheter has undergone clinical testing in various dialysis access procedures, demonstrating its potential to improve outcomes for both patients and healthcare providers.

Saluda Medical

Debt Financing in 2019
Saluda Medical is a commercial-stage medical device company focused on developing innovative treatments for chronic neurological conditions, particularly chronic neuropathic pain. The company utilizes a unique closed-loop neuromodulation platform that senses and measures neural responses to stimulation. This technology automatically adjusts the therapy based on real-time neurophysiological feedback, allowing for personalized treatment tailored to each patient's specific needs. By monitoring the patient's neural fingerprint, Saluda Medical’s devices enable the precise delivery of electrical stimulation, ultimately improving the management of chronic back pain and enhancing patient outcomes.

Titan Spine

Acquisition in 2019
Titan Spine, Inc. specializes in the design and manufacture of interbody fusion devices for cervical and lumbar spine applications. Its product line includes the Endoskeleton TL for lateral lumbar fusion, Endoskeleton TAS and TA for anterior lumbar interbody fusion, Endoskeleton TT for transforaminal lumbar interbody fusion, Endoskeleton TO for posterior lumbar interbody fusion, and Endoskeleton TCS and TC for anterior discectomy and fusion. The company aims to enhance patient recovery and surgical outcomes through its innovative textured implants, which facilitate better integration with the body. Titan Spine serves patients in the United States and Europe via a dedicated sales force and a network of independent distributors. Founded in 2005 and headquartered in Mequon, Wisconsin, with an additional location in Laichingen, Germany, Titan Spine operates as a subsidiary of Medtronic plc.

EPIX Therapeutics

Acquisition in 2019
EPIX Therapeutics, Inc. is a medical device company based in Santa Clara, California, specializing in the development of advanced temperature-sensing irrigated radiofrequency ablation catheters for the treatment of atrial fibrillation and other cardiac arrhythmias. Utilizing its proprietary TempaSure technology, which incorporates microwave radiometry, EPIX Therapeutics provides precise real-time feedback on volumetric temperature during ablation procedures. This technology enables physicians to control and predict lesion formation more accurately, ultimately enhancing clinical outcomes for patients. Founded in 2007 and previously known as Advanced Cardiac Therapeutics, EPIX Therapeutics has formed strategic partnerships with industry leaders such as Abbott Laboratories and Hansen Medical Inc. The company operates as a subsidiary of Medtronic plc, focusing on improving the treatment of irregular heart rhythms through its innovative catheter-based systems.

Nutrino

Acquisition in 2018
Nutrino Health Ltd. is a nutrition insights software company based in Tel Aviv, Israel, founded in 2011. It specializes in developing a digital platform that provides personalized meal recommendations and nutrition-related analytics. The company's primary offering, FoodPrint, utilizes individual biochemistry to assess how food impacts health, creating a unique digital signature for each user. By integrating data from wearables and employing image recognition technology, Nutrino delivers tailored nutritional advice based on users' profiles, goals, and preferences. The platform serves a diverse clientele, including individuals, businesses, and health professionals, enabling users to maintain their health and achieve their dietary objectives. Nutrino operates as a subsidiary of Medtronic plc.

Mazor Robotics

Acquisition in 2018
Mazor Robotics Ltd. specializes in developing, producing, and marketing medical devices designed to enhance surgical procedures in orthopedics and neurosurgery. The company focuses on computer-assisted surgery, which allows for the precise and minimally invasive use of surgical instruments, thereby simplifying complex operations. Its primary offerings include the Mazor X and Renaissance surgical guidance systems, which are utilized in spine surgeries for various applications such as spinal fusion, deformity correction, biopsy collection, tumor excision, and cement augmentation. Founded in 2000 and headquartered in Caesarea, Israel, Mazor Robotics primarily generates revenue from the United States market, aiming to improve patient safety and clinical outcomes during surgical procedures.

MC10

Venture Round in 2018
MC10, Inc. specializes in the development and sale of wearable medical sensors designed to collect clinical-grade biometric and physiological data, primarily for use in clinical trials. Founded in 2008 and based in Lexington, Massachusetts, the company offers a range of products, including BioStamp nPoint, which processes raw data into clinical metrics such as vital signs and sleep patterns; Kintinuum, an orthopedic rehabilitation device; WiSP, a cardiac monitoring solution; and BioStampMD, a conformable sensor for gathering both objective and subjective health data. MC10 focuses on creating flexible, lightweight electronics that conform to the human body, allowing for discreet and comfortable data collection in various settings. Its proprietary BioStamp system enhances the ability to gather real-world data on muscle activation and movement, thereby advancing digital healthcare services across multiple sectors, including sports and military applications.

Nanos Medical

Series B in 2018
Nanos Medical specializes in the research, development, manufacturing, and sales of disposable medical devices, primarily focusing on the cardiovascular and ENT (ear, nose, and throat) sectors. The company's product offerings include a range of interventional devices such as sinus balloon catheters, eustachian tube balloons, disposable nasopharyngeal airways, nasolacrimal balloons, and sinus drug-eluting stents. By providing these advanced medical devices, Nanos Medical aims to enhance treatment options for hospitals and improve patient care.

Yosemite Clinic

Series A in 2018
Yosemite Clinic is a full-service clinic providing convenient walk-in medical services in a state-of-the-art environment in Central Pudong. They offer family medicine, internal medicine, surgery, orthopedics (sports medicine), dermatology, medical cosmetology, dentistry, gynecology, pediatrics, ophthalmology, anesthesiology, rehabilitation medicine, medical imaging, laboratory, pharmacy and more. Their onsite facilities and equipment include CT, X-ray, Ultrasound, Laboratory and Operating Rooms. Their doctors come from China and across the world, enabling us to serve you in many languages including, English, Japanese, Malay, Mandarin Chinese and Cantonese.

VisionSense

Acquisition in 2018
VisionSense develops innovative visualization solutions designed to enhance minimally invasive surgery (MIS). By utilizing advanced sensor technology and proprietary software, the VisionSense system provides surgeons with stereoscopic sight, delivering depth perception and high-definition 3D images through the smallest access points. Unlike traditional MIS vision solutions that offer only 2D images, VisionSense's technology significantly improves a surgeon's perspective by enabling better tissue understanding and hand-eye coordination. This enhancement allows for the confident use of advanced articulating surgical tools, ultimately facilitating more complex surgical procedures.

FIRE1

Series C in 2018
FIRE1 and is based in Dublin, Ireland, will focus on developing novel therapeutic devices.

AEGEA Medical

Series D in 2018
AEGEA Medical, Inc. is a medical technology company based in Menlo Park, California, focused on improving women's healthcare through innovative treatment options. The company has developed a water vapor ablation system, known as Mara, which provides a safe and effective method for endometrial ablation to treat heavy menstrual bleeding, or menorrhagia. This FDA-approved technology allows for a straightforward, office-based procedure that typically takes only minutes to perform. AEGEA is dedicated to enhancing patient outcomes and expanding access to effective therapies, while also supporting physicians in delivering these procedures with confidence and ease. Founded in 2008, AEGEA Medical is committed to pioneering advancements in women’s health.

Crospon

Acquisition in 2017
Crospon Limited specializes in the development of minimally invasive medical devices designed for imaging and assisting surgeries in the esophagus and stomach. The company offers the EndoFLIP imaging system, which measures the dimensions and functionality of various hollow organs and sphincteric regions. Its product line includes measurement and dilation catheters, as well as endoscopic and laparoscopic accessories, catering to applications in upper gastrodiagnostics, bariatric surgery, upper GI imaging, cardiology, therapeutic endoscopy, and colorectal imaging. Crospon's products are distributed in multiple regions, including the United States, Europe, and various countries in Africa, Asia, and Latin America. Founded in 2006 and based in Galway, Ireland, Crospon operates as a subsidiary of Medtronic plc.

Semma Therapeutics

Series B in 2017
Semma Therapeutics, Inc. is focused on developing innovative cell therapies for patients with Type 1 diabetes, who typically rely on insulin injections. The company was founded based on groundbreaking research by Professor Douglas Melton, which enabled the generation of functional, insulin-producing beta cells in the laboratory. This technology has been exclusively licensed to Semma Therapeutics, and the company aims to combine these proprietary cells with advanced devices to create a functional replacement for the missing beta cells without the need for immunosuppression. Headquartered in Cambridge, Massachusetts, with an additional office in Boston, Semma Therapeutics operates as a subsidiary of Vertex Pharmaceuticals and is dedicated to advancing this new therapeutic option to improve the lives of diabetes patients.

Mazor Robotics

Post in 2017
Mazor Robotics Ltd. specializes in developing, producing, and marketing medical devices designed to enhance surgical procedures in orthopedics and neurosurgery. The company focuses on computer-assisted surgery, which allows for the precise and minimally invasive use of surgical instruments, thereby simplifying complex operations. Its primary offerings include the Mazor X and Renaissance surgical guidance systems, which are utilized in spine surgeries for various applications such as spinal fusion, deformity correction, biopsy collection, tumor excision, and cement augmentation. Founded in 2000 and headquartered in Caesarea, Israel, Mazor Robotics primarily generates revenue from the United States market, aiming to improve patient safety and clinical outcomes during surgical procedures.

SetPoint Medical

Series D in 2017
SetPoint Medical is a clinical-stage bioelectronic medicine company based in Valencia, California, focused on developing implantable neuromodulation devices aimed at treating chronic autoimmune diseases. The company is creating a platform that stimulates the vagus nerve to activate the body's natural inflammatory reflex, leading to a systemic immune-restorative effect. This innovative approach offers an alternative treatment option for conditions such as rheumatoid arthritis and inflammatory bowel disease, with the potential for reduced risks and costs compared to traditional drug therapies. SetPoint Medical, originally known as Innovative Metabolics Inc. until its name change in 2008, aims to provide patients and healthcare providers with effective solutions for managing debilitating inflammatory diseases.

Earlens

Series C in 2017
Earlens is a medical technology company focused on improving the hearing experience for individuals with hearing loss. It has created the Earlens Contact Hearing Solution, a unique device that directly stimulates the eardrum using a small lens, replicating the natural hearing process. Unlike conventional hearing aids that amplify sound, the Earlens solution delivers sound directly to the eardrum, providing superior sound quality and a broader bandwidth. This innovative, non-surgical approach allows for automatic adjustments in challenging listening environments while minimizing feedback. The technology received FDA clearance in 2019 for its second generation, marking a significant advancement in hearing solutions aimed at enhancing the quality of life for those with hearing impairment.

Saluda Medical

Series D in 2017
Saluda Medical is a commercial-stage medical device company focused on developing innovative treatments for chronic neurological conditions, particularly chronic neuropathic pain. The company utilizes a unique closed-loop neuromodulation platform that senses and measures neural responses to stimulation. This technology automatically adjusts the therapy based on real-time neurophysiological feedback, allowing for personalized treatment tailored to each patient's specific needs. By monitoring the patient's neural fingerprint, Saluda Medical’s devices enable the precise delivery of electrical stimulation, ultimately improving the management of chronic back pain and enhancing patient outcomes.

Semma Therapeutics

Venture Round in 2017
Semma Therapeutics, Inc. is focused on developing innovative cell therapies for patients with Type 1 diabetes, who typically rely on insulin injections. The company was founded based on groundbreaking research by Professor Douglas Melton, which enabled the generation of functional, insulin-producing beta cells in the laboratory. This technology has been exclusively licensed to Semma Therapeutics, and the company aims to combine these proprietary cells with advanced devices to create a functional replacement for the missing beta cells without the need for immunosuppression. Headquartered in Cambridge, Massachusetts, with an additional office in Boston, Semma Therapeutics operates as a subsidiary of Vertex Pharmaceuticals and is dedicated to advancing this new therapeutic option to improve the lives of diabetes patients.

Forerunner Medical

Series B in 2017
Forerunner Medical (Shanghai) Co., Ltd., established in 2009, specializes in the development and manufacturing of medical devices tailored for minimally invasive procedures. The company focuses on low-temperature plasma radio-frequency generators and electrodes, catering to sports medicine and tumor treatment. By leveraging domestic clinical data and technology from the United States, Forerunner Medical aims to meet both local and global healthcare needs. Their commitment to quality and safety is evident in their products, which are designed to offer enhanced performance, aesthetic appeal, and user convenience. With a strong emphasis on innovation and professional expertise, Forerunner Medical strives to provide superior medical technologies that improve surgical outcomes for doctors and patients alike.

Inspire Medical Systems

Series F in 2016
Inspire Medical Systems, Inc. is a medical technology company dedicated to developing and commercializing minimally invasive solutions for obstructive sleep apnea (OSA). The company has created the Inspire system, a neurostimulation technology designed to provide safe and effective treatment for moderate to severe OSA. This system employs a proprietary Upper Airway Stimulation (UAS) therapy that utilizes established technologies from cardiac pacing and neurostimulation. Additionally, Inspire is developing a novel closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to keep the airway open. Founded in 2007 and headquartered in Golden Valley, Minnesota, Inspire primarily generates its revenue in the United States, with a growing presence in Europe.

MD Start

Venture Round in 2016
MD Start is an incubator and fund dedicated to medical technologies. MD Start creates, develops, and operates medical projects, turning them into new companies with both strategic and hands-on approaches, in order to bring them to investment stage and commercial development.

Mazor Robotics

Post in 2016
Mazor Robotics Ltd. specializes in developing, producing, and marketing medical devices designed to enhance surgical procedures in orthopedics and neurosurgery. The company focuses on computer-assisted surgery, which allows for the precise and minimally invasive use of surgical instruments, thereby simplifying complex operations. Its primary offerings include the Mazor X and Renaissance surgical guidance systems, which are utilized in spine surgeries for various applications such as spinal fusion, deformity correction, biopsy collection, tumor excision, and cement augmentation. Founded in 2000 and headquartered in Caesarea, Israel, Mazor Robotics primarily generates revenue from the United States market, aiming to improve patient safety and clinical outcomes during surgical procedures.

Earlens

Series C in 2016
Earlens is a medical technology company focused on improving the hearing experience for individuals with hearing loss. It has created the Earlens Contact Hearing Solution, a unique device that directly stimulates the eardrum using a small lens, replicating the natural hearing process. Unlike conventional hearing aids that amplify sound, the Earlens solution delivers sound directly to the eardrum, providing superior sound quality and a broader bandwidth. This innovative, non-surgical approach allows for automatic adjustments in challenging listening environments while minimizing feedback. The technology received FDA clearance in 2019 for its second generation, marking a significant advancement in hearing solutions aimed at enhancing the quality of life for those with hearing impairment.

Responsive Orthopedics

Acquisition in 2016
Responsive Orthopedics is a start-up focused on sales of low-cost hip and knee replacements. Its products are intended exclusively for healthcare providers participating in federal programs to reduce the costs of hip and knee procedures. The company was founded in 2013 and is based in Minneapolis. In June 2016, Responsive Orthopedics was acquired by [Medtronic](/organization/medtronic).

Smith & Nephew's gynecology business

Acquisition in 2016
Gynaecology has been rapidly built around Smith & Nephew's resection technologies and comprises, primarily, the TRUCLEAR◊ System for the hysteroscopic resection and removal of uterine tissue. Gynaecology delivered revenue of $56 million in 2015, representing a little over 1% of Group revenue.

Bellco

Acquisition in 2016
Bellco is an Italian company recognized as a pioneer in the field of haemodialysis. It specializes in the manufacture and distribution of medical devices for renal care, including dialyzers, fluids, machines, and hematic lines specifically designed for treating kidney diseases. The company is committed to addressing the needs of both patients and healthcare professionals through continuous innovation and research. In addition to its core focus on haemodialysis, Bellco also develops products for extra-corporeal blood filtration, showcasing its dedication to advancing therapies in nephrology, intensive care, and cardiology.

Aircraft Medical

Acquisition in 2015
Aircraft Medical Limited is a developer and producer of high-quality medical devices focused on anesthesia and critical care. The company specializes in portable solutions, notably the McGRATH video laryngoscope, which enhances the safety and efficiency of airway management. Its products are designed to minimize patient trauma, reduce cross-contamination, and facilitate better communication during clinical training. Aircraft Medical markets its offerings through distribution partners across multiple regions, including North America and Europe. Founded in 2001 and based in Edinburgh, United Kingdom, the company was previously known as Smartscope MD Ltd. and became a subsidiary of Medtronic plc in 2015.

Lazarus Effect

Acquisition in 2015
Lazarus Effect is a medical device company specializing in the development of innovative interventional devices designed for the removal of blood clots. The company has created a comprehensive portfolio of vascular-device products built on a patented wire-frame technology platform. Currently, Lazarus Effect holds five issued US patents along with numerous pending patent applications globally. Its notable products include the Lazarus Funnel™ Guide Catheter and Lazarus ReCover devices, which have received CE Mark approval for use in Europe, while the Funnel has also been cleared for use in the United States. The Lazarus Cover device is awaiting CE Mark approval. However, the ReCover and Cover devices are not yet approved for sale in the United States.

SetPoint Medical

Series C in 2015
SetPoint Medical is a clinical-stage bioelectronic medicine company based in Valencia, California, focused on developing implantable neuromodulation devices aimed at treating chronic autoimmune diseases. The company is creating a platform that stimulates the vagus nerve to activate the body's natural inflammatory reflex, leading to a systemic immune-restorative effect. This innovative approach offers an alternative treatment option for conditions such as rheumatoid arthritis and inflammatory bowel disease, with the potential for reduced risks and costs compared to traditional drug therapies. SetPoint Medical, originally known as Innovative Metabolics Inc. until its name change in 2008, aims to provide patients and healthcare providers with effective solutions for managing debilitating inflammatory diseases.

Medina

Acquisition in 2015
Medina is a medical laboratory that provides analysis and diagnostics services.

Twelve

Acquisition in 2015
Twelve manufactures medical devices. It was formerly known as Foundry Newco XII, Inc. The company was incorporated in 2009 and is based in Menlo Park, California.

RF Surgical Systems

Acquisition in 2015
RF Surgical Systems, Inc. specializes in detection technology aimed at preventing retained surgical sponges in hospitals and trauma centers across the United States. The company offers the RF Assure Detection System X, which is widely used in operating rooms, trauma, and labor and delivery suites, along with an array of handheld and motion-based scanning devices. Its products cater to various surgical applications, including procedures involving extremities, head, neck, spine, and other specialties. Founded in 2004 and headquartered in Carlsbad, California, RF Surgical Systems has established itself as a market leader in this field, with its technology employed in over 1,500 facilities nationwide. The company’s innovations are protected by U.S. patents, and it received regulatory clearance from the U.S. Food and Drug Administration in November 2006. As of August 2015, RF Surgical Systems operates as a subsidiary of Medtronic plc.

CardioInsight Technologies

Acquisition in 2015
CardioInsight Technologies Inc. is a medical device company based in Cleveland, Ohio, that specializes in a non-invasive cardiac mapping system designed to visualize electrical disorders of the heart. The company's flagship product, ECVUE, utilizes an electrocardiographic mapping platform that combines body surface electrical data with anatomical information from CT scans to create simultaneous, multi-chamber, three-dimensional (3D) maps of cardiac electrical activity. The system employs a single-use, disposable multi-sensor vest to capture electrical signals from the body surface, which are then processed by software to produce detailed epicardial 3D electroanatomic maps and virtual electrograms. This innovative approach aids physicians in accurately diagnosing and treating heart conditions such as arrhythmias and congestive heart failure, a capability supported by over 260 patient studies. CardioInsight Technologies operates as a subsidiary of Medtronic plc, having been founded in 2006.

Aptus Endosystems

Acquisition in 2015
Aptus Endosystems, Inc. is a medical device company focused on developing innovative solutions for endovascular aneurysm repair (EVAR). Founded in 2002 and based in Sunnyvale, California, the company specializes in advanced technologies for treating aortic aneurysm disease. Its flagship products include the Heli-FX EndoAnchor system, designed for abdominal and thoracic aortic aneurysms, and the Aptus TourGuide steerable sheath, which facilitates the delivery of peripheral vascular products. The proprietary helical staple technology used in the endograft system allows for independent fixation, mimicking suturing in open surgical procedures while maintaining a minimally invasive approach. Aptus Endosystems serves a range of markets, including the United States and several European countries, distributing its products through various distributors. The company's products hold CE Marking for distribution in the European Union, although they are currently designated for investigational use only in the United States.

AEGEA Medical

Series C in 2015
AEGEA Medical, Inc. is a medical technology company based in Menlo Park, California, focused on improving women's healthcare through innovative treatment options. The company has developed a water vapor ablation system, known as Mara, which provides a safe and effective method for endometrial ablation to treat heavy menstrual bleeding, or menorrhagia. This FDA-approved technology allows for a straightforward, office-based procedure that typically takes only minutes to perform. AEGEA is dedicated to enhancing patient outcomes and expanding access to effective therapies, while also supporting physicians in delivering these procedures with confidence and ease. Founded in 2008, AEGEA Medical is committed to pioneering advancements in women’s health.

Ortho Kinematics

Series C in 2015
Ortho Kinematics is a spine diagnostics company, provides spine motion analysis and diagnostic services. The company provides information to spine clinicians to assist them in diagnosing and treating back and neck pain. Its solution includes KineGraph Vertebral Motion Analyzer, an automated functional diagnostic test for the spine that uses fluoroscopy to capture the spine in motion, producing patient-specific graphs of the kinematics for each vertebral level. The company was founded in 2006 and is based in Austin, Texas.

DreaMed Diabetes

Seed Round in 2015
DreaMed Diabetes, Ltd. is a medical device and software-as-a-service company focused on diabetes treatment and management. Founded in 2014 and based in Israel, the company is known for its innovative solutions, including Glucositter, a closed-loop insulin delivery system that monitors glucose levels in real-time and adjusts insulin delivery accordingly. DreaMed Diabetes has made significant advancements in decision support tools for diabetes management and was the first company to receive FDA clearance for a decision support system that utilizes data from continuous glucose monitors and insulin pumps. Its Advisor Pro software, developed by diabetes professionals, leverages artificial intelligence to enable healthcare providers to quickly analyze patient data and determine optimal treatment plans. This system aims to improve patient outcomes by facilitating frequent titration changes and enhancing online monitoring, ultimately helping to lower A1C levels and reduce the risk of complications. DreaMed Diabetes emphasizes patient-centered care, ensuring that all individuals receive high-quality treatment regardless of their circumstances.

Diabeter

Acquisition in 2015
Diabeter is an independent diabetes clinic and research center located in the Netherlands, focused on delivering comprehensive diabetes care services. The organization aims to create a future without diabetes complications through various offerings, including diabetes diagnosis, insulin pen treatment, and insulin pump therapy. Additionally, Diabeter provides E-health services, educational resources, and daily telephone consultations with medical specialists who specialize in diabetes care. This holistic approach allows the clinic to offer individualized support to patients, helping them manage their condition effectively and improve their quality of life while minimizing complications associated with diabetes.

Sophono

Acquisition in 2015
Sophono, Inc. is a medical device manufacturer based in Boulder, Colorado, specializing in implantable magnetic bone conduction hearing devices. Founded in 2009, the company focuses on providing solutions for individuals with conductive hearing loss, mixed hearing loss, and single-sided deafness. Its flagship product, the Alpha 2 MPO, offers an abutment-free design that allows for under-the-skin implantation, enhancing user comfort and convenience. Sophono's devices are designed for patients experiencing severe to profound hearing impairment, and they are distributed through clinics. As of 2015, Sophono operates as a subsidiary of Medtronic plc.

Semma Therapeutics

Series A in 2015
Semma Therapeutics, Inc. is focused on developing innovative cell therapies for patients with Type 1 diabetes, who typically rely on insulin injections. The company was founded based on groundbreaking research by Professor Douglas Melton, which enabled the generation of functional, insulin-producing beta cells in the laboratory. This technology has been exclusively licensed to Semma Therapeutics, and the company aims to combine these proprietary cells with advanced devices to create a functional replacement for the missing beta cells without the need for immunosuppression. Headquartered in Cambridge, Massachusetts, with an additional office in Boston, Semma Therapeutics operates as a subsidiary of Vertex Pharmaceuticals and is dedicated to advancing this new therapeutic option to improve the lives of diabetes patients.

Advanced Uro-Solutions

Acquisition in 2015
Advanced Uro-Solutions develops and manufactures the NURO percutaneous tibial nerve stimulation system, which consists of a small external stimulator and a single, reusable lead to provide temporary stimulation to the tibial nerve.

AcuFocus

Venture Round in 2014
AcuFocus, Inc. is an ophthalmic medical device company based in Irvine, California, specializing in small aperture technologies aimed at enhancing near vision. The company offers the KAMRA inlay, designed to restore near vision for presbyopic patients while preserving distance vision. Additionally, AcuFocus develops the IC-8 IOL, a small aperture lens that facilitates a range of vision for patients with cataracts. The AcuTarget HD is another key product, serving as a diagnostic and surgical planning instrument for various vision correction procedures, including LASIK and cataract surgeries. AcuFocus markets its products through distribution partners across the Americas, Asia-Pacific, Europe, and the Middle East, addressing the needs of both physicians and patients in the vision care sector. Founded in 2001, AcuFocus continues to focus on innovative solutions for vision-related challenges.

NGC Medical SpA

Acquisition in 2014
Founded by Dr. Eugenio Cremascoli, the main business of NGC Medical Focuses are: Project planning, manufacturing and marketing of medical and surgical devices Import and distribution in national territory of medical devices, medical data management systems, medical communications database for remote access and medical equipment Design and turnkey implementation of Surgery Units, Intensive Care, Hemodynamics, Electrophysiology and Intervention Radiology Laboratories In-service management of Surgical Suites, Intensive Care, Hemodynamics, Electrophysiology and Intervention Radiology Laboratories Design and implementation of Information Management Software packages unifying the administrative and clinical departments within at single interface
Sapiens Steering Brain Stimulation GmbH is an emerging medical device company whose mission is to deliver superior solutions for deep brain stimulation (DBS) therapy. Sapiens' ambition is to provide a unique, high-resolution, and MRI- compatible DBS system that will improve patient comfort and therapeutic outcome, initially for patients with Parkinson's disease. Sapiens, with offices in Eindhoven, the Netherlands and Munich, Germany, is founded in 2011 as a spin-out of Royal Philips Electronics. Its steering brain stimulation (SBS) system and image-guided programming are based upon patented technologies.

Visualase

Acquisition in 2014
Visualase, Inc. was founded in 2005 as a spin-off from BioTex, Inc., the original developer and current manufacturer of the Visualase technology. Visualase, Inc. is currently a privately held company located in Houston, Texas.

Covidien

Acquisition in 2014
Covidien plc is engaged in the development, manufacture, and sale of a wide range of healthcare products designed for both clinical and home settings. The company operates through four primary segments: Medical Devices, Imaging Solutions, Pharmaceutical Products, and Medical Supplies. The Medical Devices segment encompasses a diverse array of products, including endomechanical instruments, soft tissue repair products, energy devices, oximetry and monitoring equipment, airway and ventilation products, vascular devices, SharpSafety products, and clinical care items. Imaging Solutions focuses on radiopharmaceuticals and contrast products, while the Pharmaceutical Products segment is dedicated to dosage pharmaceuticals and active pharmaceutical ingredients. Lastly, the Medical Supplies segment includes products tailored for nursing care, medical-surgical applications, and original equipment manufacturing. Through collaboration with healthcare professionals, Covidien aims to enhance patient outcomes and reduce healthcare delivery costs, ultimately improving the quality of life for patients.

Corventis

Acquisition in 2014
Corventis is a company focused on improving clinical outcomes and reducing healthcare costs through innovative medical technologies aimed at cardiovascular diseases. Its primary offering is a non-invasive monitor that measures various aspects of heart function, facilitating the early detection of cardiovascular events. This approach not only enhances patient care but also allows individuals to maintain an active lifestyle while managing their heart health.

Inspire Medical Systems

Series E in 2014
Inspire Medical Systems, Inc. is a medical technology company dedicated to developing and commercializing minimally invasive solutions for obstructive sleep apnea (OSA). The company has created the Inspire system, a neurostimulation technology designed to provide safe and effective treatment for moderate to severe OSA. This system employs a proprietary Upper Airway Stimulation (UAS) therapy that utilizes established technologies from cardiac pacing and neurostimulation. Additionally, Inspire is developing a novel closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to keep the airway open. Founded in 2007 and headquartered in Golden Valley, Minnesota, Inspire primarily generates its revenue in the United States, with a growing presence in Europe.

PowerVision

Series D in 2014
PowerVision, Inc. is a company that specializes in the development of innovative intraocular lenses aimed at restoring vision for individuals suffering from presbyopia and cataracts. Founded in 2002 and based in Belmont, California, PowerVision has created the FluidVision accommodating intraocular lens, which utilizes a unique fluid-controlled mechanism to mimic the natural function of a healthy eye. This technology allows users to dynamically adjust their focus for clear vision at all distances, potentially liberating millions from the need for glasses or other vision correction methods. The FluidVision lens is designed to meet the clinical and lifestyle needs of patients, offering a significant advancement in vision correction surgery. PowerVision's approach addresses the visual impairments faced by over 20 million people in the United States with cataracts and more than 90 million individuals affected by presbyopia, particularly those in their 40s and 50s.

TyRx

Acquisition in 2014
TyRx specializes in the design, development, and commercialization of resorbable polymeric biomaterials, focusing on drug-device combination products. The company offers PIVIT CRM, a mesh-based pouch designed to protect against microbial colonization of surgical implants such as generators and defibrillators during and immediately after surgery. Additionally, TyRx provides AIGISRx Flat, an antibacterial solution aimed at preventing infections linked to implanted pacemakers and defibrillators. Founded in 1997 and headquartered in Monmouth Junction, New Jersey, TyRx is committed to advancing medical technology through innovative products that enhance patient safety.
CardioInsight Technologies Inc. is a medical device company based in Cleveland, Ohio, that specializes in a non-invasive cardiac mapping system designed to visualize electrical disorders of the heart. The company's flagship product, ECVUE, utilizes an electrocardiographic mapping platform that combines body surface electrical data with anatomical information from CT scans to create simultaneous, multi-chamber, three-dimensional (3D) maps of cardiac electrical activity. The system employs a single-use, disposable multi-sensor vest to capture electrical signals from the body surface, which are then processed by software to produce detailed epicardial 3D electroanatomic maps and virtual electrograms. This innovative approach aids physicians in accurately diagnosing and treating heart conditions such as arrhythmias and congestive heart failure, a capability supported by over 260 patient studies. CardioInsight Technologies operates as a subsidiary of Medtronic plc, having been founded in 2006.

Cardiocom

Acquisition in 2013
Cardiocom is the leader in telemedicine solutions for daily remote patient monitoring and disease management. Cardiocom provides health professionals with home telemonitoring equipment and telehealth services to identify symptomatic patients and intervene early to prevent unnecessary hospitalizations. Cardiocom addresses CHF, COPD, Asthma, Diabetes, Hypertension and Obesity. We offer a variety of health monitoring product and service options to meet your organization's specific needs. Cardiocom can provide in-house case managers with the Cardiocom OMNIVISOR PRO® Patient Management System, TELESCALE® for CHF management and COMMANDER for complex patients with multiple diseases. Cardiocom's proven, proactive solutions for daily patient disease management result in improved quality of life and direct savings to the health management group.

MC10

Series C in 2012
MC10, Inc. specializes in the development and sale of wearable medical sensors designed to collect clinical-grade biometric and physiological data, primarily for use in clinical trials. Founded in 2008 and based in Lexington, Massachusetts, the company offers a range of products, including BioStamp nPoint, which processes raw data into clinical metrics such as vital signs and sleep patterns; Kintinuum, an orthopedic rehabilitation device; WiSP, a cardiac monitoring solution; and BioStampMD, a conformable sensor for gathering both objective and subjective health data. MC10 focuses on creating flexible, lightweight electronics that conform to the human body, allowing for discreet and comfortable data collection in various settings. Its proprietary BioStamp system enhances the ability to gather real-world data on muscle activation and movement, thereby advancing digital healthcare services across multiple sectors, including sports and military applications.

China Kanghui Holdings

Acquisition in 2012
Kanghui was founded in 1997 and is headquartered in Changzhou. Kanghui announced today that it requested that trading of its American depositary shares on the NYSE be suspended. Kanghui has requested that the NYSE file Form 25 with the U.S. Securities and Exchange Commission (the “SEC”) notifying the SEC of the delisting of Kanghui’s American depositary shares from NYSE and the deregistration of the Company’s registered securities. Kanghui intends to terminate its reporting obligations under the Securities Exchange Act of 1934, as amended by promptly filing Form 15 with the SEC.

Mitralign

Series D in 2012
Mitralign is a privately held company based in a suburb of Boston, Massachusetts, focused on developing a catheter-based technology for the treatment of functional mitral regurgitation. The company has created an innovative system that mimics surgical annuloplasty by delivering surgical implants directly into the mitral annulus via a catheter. This process involves cinching the implants together to decrease the size of the mitral valve annulus and the valve opening. Mitralign's technology aims to provide a less invasive option for managing this life-threatening cardiac condition, enabling healthcare providers to effectively treat symptomatic functional mitral regurgitation through tissue-plication. The company is supported by prominent venture capitalists and has attracted investments from major cardiovascular device firms.

Inspire Medical Systems

Series C in 2012
Inspire Medical Systems, Inc. is a medical technology company dedicated to developing and commercializing minimally invasive solutions for obstructive sleep apnea (OSA). The company has created the Inspire system, a neurostimulation technology designed to provide safe and effective treatment for moderate to severe OSA. This system employs a proprietary Upper Airway Stimulation (UAS) therapy that utilizes established technologies from cardiac pacing and neurostimulation. Additionally, Inspire is developing a novel closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to keep the airway open. Founded in 2007 and headquartered in Golden Valley, Minnesota, Inspire primarily generates its revenue in the United States, with a growing presence in Europe.

Visualase

Series B in 2012
Visualase, Inc. was founded in 2005 as a spin-off from BioTex, Inc., the original developer and current manufacturer of the Visualase technology. Visualase, Inc. is currently a privately held company located in Houston, Texas.
CardioInsight Technologies Inc. is a medical device company based in Cleveland, Ohio, that specializes in a non-invasive cardiac mapping system designed to visualize electrical disorders of the heart. The company's flagship product, ECVUE, utilizes an electrocardiographic mapping platform that combines body surface electrical data with anatomical information from CT scans to create simultaneous, multi-chamber, three-dimensional (3D) maps of cardiac electrical activity. The system employs a single-use, disposable multi-sensor vest to capture electrical signals from the body surface, which are then processed by software to produce detailed epicardial 3D electroanatomic maps and virtual electrograms. This innovative approach aids physicians in accurately diagnosing and treating heart conditions such as arrhythmias and congestive heart failure, a capability supported by over 260 patient studies. CardioInsight Technologies operates as a subsidiary of Medtronic plc, having been founded in 2006.

AcuFocus

Venture Round in 2011
AcuFocus, Inc. is an ophthalmic medical device company based in Irvine, California, specializing in small aperture technologies aimed at enhancing near vision. The company offers the KAMRA inlay, designed to restore near vision for presbyopic patients while preserving distance vision. Additionally, AcuFocus develops the IC-8 IOL, a small aperture lens that facilitates a range of vision for patients with cataracts. The AcuTarget HD is another key product, serving as a diagnostic and surgical planning instrument for various vision correction procedures, including LASIK and cataract surgeries. AcuFocus markets its products through distribution partners across the Americas, Asia-Pacific, Europe, and the Middle East, addressing the needs of both physicians and patients in the vision care sector. Founded in 2001, AcuFocus continues to focus on innovative solutions for vision-related challenges.
Functional Neuromodulation is a medical technology company focused on developing neuromodulation therapies for cognitive and memory disorders, particularly Alzheimer's disease and mild cognitive impairment. Founded in 2010, the company is headquartered in Minneapolis, Minnesota, with an additional office in Toronto, Canada. It offers a deep brain stimulation (DBS) technology that involves a surgically implanted medical device designed to deliver mild electrical pulses to specific areas of the brain. This approach aims to enhance neural activity and modulate the brain's memory circuits, ultimately enabling patients with cognitive impairments to improve their quality of life.

PowerVision

Series C in 2011
PowerVision, Inc. is a company that specializes in the development of innovative intraocular lenses aimed at restoring vision for individuals suffering from presbyopia and cataracts. Founded in 2002 and based in Belmont, California, PowerVision has created the FluidVision accommodating intraocular lens, which utilizes a unique fluid-controlled mechanism to mimic the natural function of a healthy eye. This technology allows users to dynamically adjust their focus for clear vision at all distances, potentially liberating millions from the need for glasses or other vision correction methods. The FluidVision lens is designed to meet the clinical and lifestyle needs of patients, offering a significant advancement in vision correction surgery. PowerVision's approach addresses the visual impairments faced by over 20 million people in the United States with cataracts and more than 90 million individuals affected by presbyopia, particularly those in their 40s and 50s.

Salient Surgical Technologies

Acquisition in 2011
Established in 1999, Salient Surgical Technologies, Inc. is a global, privately held medical technology company that develops and markets advanced energy devices used in surgical procedures. Salient’s first line of products were monopolar electrosurgical devices used for the treatment of liver cancers. Today, the company’s bipolar AQUAMANTYS® System is used across a wide range of surgical procedures including orthopaedic reconstruction, spine surgery, orthopaedic trauma, and surgical oncology. Comprised of a bipolar electrosurgical generator & pump system and a portfolio of handheld disposable device, the AQUAMANTYS system uses patented TRANSCOLLATION® technology to haemostatically seal soft tissue and bone, enabling surgeons to reduce and prevent surgical blood loss. Salient’s products are sold throughout the United States, Europe, and Asia, providing clinical and economic benefits to hospitals, healthcare providers, and patients all over the world. To date, more than 500,000 patients have been treated with TRANSCOLLATION technology.

PEAK Surgical

Acquisition in 2011
PEAK Surgical is a medical device company based in Palo Alto, California, focused on developing surgical tools that enhance precision and control during surgical procedures. The company's flagship product, the PEAK Surgery System, includes a range of disposable cutting devices designed to provide the accuracy of a scalpel combined with the bleeding control typical of traditional electrosurgery, while minimizing collateral damage to surrounding tissues. This innovative technology addresses a significant need in the surgical market, making it suitable for various applications, including general, plastic, reconstructive, ENT, gynecologic, orthopedic, arthroscopic, spinal, and neurological surgeries in the United States, as well as general surgery in the European Union.

Spinal Modulation

Series D in 2011
Spinal Modulation, Inc., based in Menlo Park, California, specializes in the research and development of medical devices aimed at treating chronic pain. With a significant portion of the adult population affected by severe chronic pain and limited treatment options available, the company addresses this critical healthcare challenge through its Axium Neurostimulator System. This next-generation intraspinal neuromodulation therapy specifically targets the dorsal root ganglion (DRG) to deliver electrical pulses that disrupt pain signals before they reach the brain. The system has demonstrated effectiveness in managing chronic intractable leg pain and other complex pain areas, such as the back and foot, providing a tailored approach for pain relief. By allowing adjustments to focus on either broad or specific pain areas, Spinal Modulation's technology aims to enhance patient comfort and reduce the adverse effects commonly associated with traditional spinal cord stimulators.

PhysioSonics

Series B in 2011
PhysioSonics, a development-stage device company based in Washington, focuses on ultrasound imaging to monitor blood flow in the brain.

Ardian

Acquisition in 2010
Ardian is a privately held, clinical-stage medical device company that develops catheter-based therapies for hypertension treatment and related conditions. It develops a catheter system that uses radio-frequency energy to “deactivate” sympathetic nerves in the kidneys, lowering blood pressure. The company's flagship product, the Symplicity Catheter System, addresses uncontrolled hypertension through renal denervation, or ablation of the nerves lining the renal arteries. It has received the CE (Conformité Européene) mark and Australia's Therapeutic Goods Administration (TGA) listing but is not yet approved by the U.S. Food and Drug Administration (FDA).

Osteotech

Acquisition in 2010
Osteotech is focused on the development, manufacturing, and marketing of biologic, biomaterial, and device systems for musculoskeletal surgeries. It facilitates spinal, trauma, and total joint revision procedures. Osteotech was acquired by Medtronic in November 2010. It was founded in 1986 in Eatontown, New Jersey.
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