MedTech Startup Roundup – Vol.1 No.28

Acquisition
Syntax Health: Soft/SaaS, Contract Design – Atlanta, GA
Lightbeam Health Solutions: AI, Soft/SaaS, Population Health, Contract Design – Coppell, TX

Lightbeam Health Solutions Acquires Syntax Health, Expanding Value Based Contracting and Incentive Design Capabilities

Acquisition
Foresight Diagnostics: Diagnostic, Oncology, Hodgkin Lymphoma (cHL) – Boulder, CO
Natera: Diagnostic, Liquid Biopsy, Genetic Testing, Oncology, Women’s Health, Transplant – Austin, TX

Natera Acquires Foresight Diagnostics

Freenome: Diagnostic, Cancer Screening – South San Francisco, CA
Perceptive Capital Solutions: Financial Investor – New York, NY

Freenome and Perceptive Capital Solutions Corp Announce Business Combination Agreement to Create a Publicly Listed Company Transforming Blood-Based Multi-Cancer Detection through an AI/ML-Enabled Multiomics Platform

IPOs

Kestra Medical Technologies: Wearables, Diagnostic, Cardiology – Kirkland, WA

Kestra Medical Technologies, Ltd. Announces Primary Public Offering of Common Shares

The Cs

Swan EndoSurgical: Robotics, Surgical – Boston, MA

Erik Todd – CEO (Joining)

Swan EndoSurgical Appoints Veteran Robotics and MedTech Leader Erik Todd as Chief Executive Officer

Expanding Innovations: Implant, Spine Surgery – Mountain View, CA

Ron Sacher – CEO (Promotion)
Robert Jaramillo – President & COO (Transitioning)

Expanding Innovations Announces Leadership Realignment to Support Record Growth and Upcoming Product Launches

Procyrion : Implant, Pump, Vascular – Houston, TX

Andrew Davis – CCO (Joining)

Procyrion Appoints Andrew Davis as Chief Commercial Officer

MediThinQ: XR, 3D Visualization, Surgical – Seongnam, South Korea

J.P. Hong – CMO – Medical (Joining)

World-Leading Microsurgeon Professor J.P. Hong Joins MediThinQ as CMO, Marking Strong Validation for Next-Generation Digital Microsurgery

Baird Medical : Ablation, Intravascular – Guangzhou, China

Mark Saxton – CEO over USA (Joining)

Baird Medical Appoints Mark Saxton as U.S. CEO; Taps Veteran from NeuroPace, Smith + Nephew, and Covidien to Lead Commercial Expansion

Boston HealthAI: AI, Soft/SaaS, Physician’s Assistant – Boston, MA

Monica Jain, MD – COO (Joining)

Dr. Monica Jain Joins Boston Health AI as COO to Accelerate Global Growth

Light AI : AI, Diagnostic, Infectious Disease – Vancouver, BC

Anthony Schaller – President & CTO (Transitioning)

Light AI Technology Leadership Transition

Board Members

Ronovo Surgical: Robotics, Surgical – Shanghai, China

Eduardo Parra-Davila, MD – Board Member (Joining)
Jeroen M.M. van Heesewijk – Board Member (Joining)

Ronovo Surgical Announces Appointment of Non-Executive Directors to Accelerate Global Growth

PhotoPharmics: Device, Therapeutic, Neurodegenerative Diseases, Neurology – Lehi, UT

James W. Tozer – Board Member (Joining)
Albert Agro, PhD – Board Member (Joining)

PhotoPharmics Announces Board Expansion to Support Growth: Clinical, Commercialization and Strategic Partnerships

Funding

Akura Medical: Procedural Device, Thrombectomy, Pulmonary, Vascular – Los Gatos, CA

Akura Medical, a Shifamed Portfolio Company, Closes $53 Million in Series C Financing

Circular Genomics: Diagnostic, Test, Precision Medicine, Neurology, Alzheimer’s – San Diego, CA

Circular Genomics Announces Closure of $15 Million Series A Financing to Advance First-in-Class Circular RNA Platform for Early Detection of Alzheimer’s Disease

Xeltis: Implant, Vascular Surgery – Eindhoven, The Netherlands

Xeltis secures nearly €50m from the European Investment Bank (EIB) and existing shareholders to advance aXess, its vascular access conduit to the market

Artera: AI, Diagnostic, Prostate Cancer Treatment – Los Altos, CA

Artera Secures $65M Growth Investment and Reaches $100M CARR

Regulatory

Approval
Cleveland Diagnostics: Diagnostic, Liquid Biopsy, Prostate Cancer, Urology – Cleveland, OH

FDA Approves IsoPSA® — Cleveland Diagnostics’ Novel Blood-Based Prostate Cancer Test

Approval
MediView XR: AI, AR, XR, Imaging. Surgical Planning, Post-op Assessment – Cleveland, OH

MediView Achieves First CE Mark, Bringing Augmented Reality to European Healthcare

Approval
Truvian: Diagnostic, Blood Tests, CLIA-waived – San Diego, CA

Truvian Secures FDA Clearance for TruVerus™, Setting a New Standard in Multimodal Blood Testing

Approval
Francis Medical : Procedural, Ablation, Prostate Cancer, Urology – Minneapolis, MN

Francis Medical Receives FDA 510(k) Clearance for Use of the Vanquish® Water Vapor System for Prostate Tissue Ablation in Patients with Intermediate Risk Prostate Cancer

Approval
Catalyst OrthoScience: Implant, Orthopedic, Shoulder – Naples, FL

Catalyst OrthoScience Receives FDA 510(k) Clearance for Expanded Indications of the Fracture Shoulder System

Approval
Graphy: 3D Printing, Dental – Seoul, South Korea

Graphy Secures FDA Clearance for Denture Materials, Targeting the $40 Billion market

Approval
Atraverse Medical: Procedural Device, Cardiac Surgery – Cardiff by the Sea, CA

Atraverse Medical Secures FDA 510(k) Clearance for HOTWIRE™ RF Generator & Fully Integrated Transseptal Access System

Approval
Cardiawave: Ultrasound Therapy, Non-Invasive, Aortic Stenosis, Cardiology – Levallois-Perret, France

VALVOSOFT®, the First Non-Invasive Treatment for Severe Symptomatic Aortic Stenosis (sSAS) from Cardiawave Receives CE Marking

Approval
mlHealth 360: AI, Soft/SaaS, Image Analysis, Workflow, Radiology – Surrey, BC

mlHealth 360 Receives FDA Clearance for Scaida BrainCT-ICH: Canada’s First AI Solution for Intracranial Hemorrhage Triage

Denial
Johnson & Johnson: Multiple Product Lines – New Brunswick, NJ

FDA Panel Declines to Endorse Ventura Interatrial Shunt for HFrEF

Product News

IntelePeer: AI, Soft/SaaS, Conversational AI – Dania Beach, FL

IntelePeer Expands Clinical-Grade Agentic Voice AI to Radiology, Delivering Higher Utilization, Lower No-Shows, and Measurable Financial Impact

Reimbursement

Pillar Biosciences: Diagnostic, Precision Medicine – Natick, MA

Pillar Biosciences Announces Final CMS Pricing Determination for oncoReveal® CDx

Eko Health: AI, Diagnostic, Cardiology, Pulmonary – Emeryville, CA

CMS Finalizes OPPS Payment for Eko Health’s SENSORA® Platform, Expanding Reimbursement for AI-Enabled Cardiac Disease Detection in Hospital-Associated Outpatient Care

Elucid: AI, Imaging, Diagnostic, Cardiovascular, Atherosclerosis Risk Assessment – Boston, MA

Elucid Gains Broad CMS Reimbursement of Coronary Plaque Analysis Using PlaqueIQ™

Cardio Diagnostics: AI, Diagnostic, Precision Medicine, Cardiovascular – Chicago, IL

Cardio Diagnostics Receives Final Gapfill Payment Rates for AI-Driven Cardiovascular Tests from the Centers for Medicare and Medicaid Services (CMS)

Clinical Trials/Studies

Ziwig: AI, Diagnostic Test, Saliva Sample, Endometriosis, Women’s Health – Lyon, France

Ziwig Endotest®: Scientific Validation Published in NEJM Evidence

Brainomix: AI, Imaging, Neurovascular, Stroke, Pulmonary – Oxford, UK

Brainomix Announces New Study Published in Lancet Digital Health Demonstrating Impact of Brainomix 360 Stroke to Increase Endovascular Thrombectomy Rates

Avisi Technologies: Procedural Device, Ophthalmic Surgery, Glaucoma – Redwood City, CA

Avisi Technologies Announces First Patient Implanted with VisiPlate® Glaucoma Treatment Device in the SAPPHIRE Trial

ViaLase: Capital Equipment, Laser, Ophthalmology, Glaucoma – Aliso Viejo, CA

ViaLase Announces First Patient Treated in IDE Clinical Trial Evaluating Its Femtosecond Laser Trabeculotomy for Open-Angle Glaucoma

4D Path: Predictive Medicine, Diagnostic, Oncology – Newton, MA

Chemotherapy Response from Routine Biopsy Images in Early-Stage Triple-Negative Breast Cancer from Phase II TBCRC-030 Trial

Cognito Therapeutics: Wearable, Neuromodulation, Neurology, Alzheimer’s – Cambridge, MA

Cognito Therapeutics Announces Presentation of New CSF Proteomic and EEG Biomarker Data for Spectris™ in Alzheimer’s Disease at CTAD 2025

Recross Cardio: Implant, Cardiac Surgery, PFO, Septal Repair – Dover, DE

Recross Cardio Announces First Patient Enrolled in PROTEA-PFO US-Early Feasibility Study

ENDRA Life Science: Diagnostic, Imaging, Hepatology, NASH, – Ann Arbor, MI

ENDRA’s TAEUS® Liver Matches MRI-PDFF Performance at Key Clinical Thresholds, Positioning Device for MASLD/MASH Trial Use

Arima Genomics: Diagnostics, Precision Med, Genomics, Oncology – Carlsbad, CA

Arima Genomics Reports New Data at ASH 2025 Supporting More Complete Rearrangement Profiling in DLBCL With Hi-C Technology Used in Aventa Lymphoma

Vivalink: Wearable, Remote Pt. Monitoring, Cardiology – Campbell, CA

Study Leverages Vivalink’s Biometrics Data Platform to Uncover Connection Between Seizures and Cardiac Function

Sunbird Bio: Diagnostic Test, Neurodegenerative Disease, Neurology – Cambridge, MA

Sunbird Bio Presents New Clinical Data Supporting the Accuracy of its Blood-Based Alpha-Synuclein Assay for Parkinson’s Disease Detection

DELFI Diagnostics: Diagnostic, Liquid Biopsy, Cancer – Baltimore, MD

Preliminary Data from FANSS Study Show Potential for Blood-Based Lung Cancer Detection in Non-Smoking Population

Partnerships

Shoulder Innovations: Implants, Orthopedic – Holland, MI
Interventional Systems: Robotic, Surgical – Kitzbühel, Austria

Shoulder Innovations Announces Strategic Partnership with INS to Introduce a Robotic Platform for Shoulder Arthroplasty

About Stiffler Search Group

Stiffler Search Group was founded in 2009 by Dan Stiffler, a seasoned veteran in medical industry recruiting. Our work is performed on retainer or contingency. We work with companies of all sizes, but our passion lies in representing early-stage MedTech companies, with a focus on procedural devices and capital equipment. If you would like to discuss a potential search, click here. If you would like to engage with us as a candidate, please submit your resume for consideration.

About MedTech Startup Roundup

We bring you the latest news on early-stage companies, people, and products driving innovation in the MedTech industry via the MedTech Startup Roundup. Our publication is a compilation of news from multiple sources, encompassing a broad range of topics. The focus is on North American companies. We also cover young, publicly traded companies and similar companies from other countries with business activities in North America. We hope you find it helpful and share it with your associates!

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