MedTech Startup Roundup – Vol.2 No.7

Acquisition
LymphaTech: Diagnostic, Lymphedema – Atlanta, GA
Tactile Medical: DME, Lymphedema, Chronic Venous Insufficiency – Minneapolis, MN

Tactile Medical Acquires LymphaTech, Expanding Breadth and Depth of its Lymphedema Solutions Portfolio

Asset Acquisitions

Acquisition
Augmedics: AR, Surgical – Arlington Heights, IL
VB Spine: Implant, Spine, Intraoperative Visualization – Leesburg, VA

VB Spine to acquire xvision Spine System from Augmedics

IPOs

Medical 21: Implant, Cardiovascular Graft, Cardiovascular Surgery – Minneapolis, MN

Synthetic regenerative graft developer Medical 21 files for a $25 million IPO

The Cs

AMT Medical : Procedural Devices, Minimally Invasive, Coronary Vascular Bypass – Utrecht, The Netherlands

Geert van Gansewinkel – CEO (Joining)

AMT Medical Appoints Geert van Gansewinkel as CEO to Lead Company into Next Growth Phase Revolutionizing Coronary Artery Bypass Surgery

Median Technologies: AI, Soft/SaaS, Diagnostic, Oncology – Sophia-Antipolis, France

Oran Muduroglu – President (Joining)

FDA Clearance Sets Stage for U.S. Commercialization of eyonis® LCS Software as a Medical Device for Lung Cancer Screening; Oran Muduroglu Appointed President of Median eyonis Inc.

Ibex Medical Analytics: AI, Soft/SaaS, Diagnostic, Oncology – Tel Aviv, Israel

Yair Heller – CEO (Promotion)

Ibex Medical Analytics Accelerates Global Momentum in AI-Powered Pathology with Strategic Leadership Transition and Expansion in Biopharma

Tennr: Software/SaaS, Pt. Referrals – New York, NY

William H. Morris, MD – CMO – Medical (Joining)

Former Cleveland Clinic and Google Executive Dr. William H. Morris Joins Tennr as Chief Medical Officer

Pharaoh Neuro: Implant, CSF Management, Closed-Loop, Neurology, Critical Care – Minneapolis, MN

Amaza Reitmeier – CEO (Joining)

Pharaoh Neuro raises $20m, picks ex-Medtronic exec for CEO role

Board Members

Alume Biosciences: Imaging, Agents, Surgical – La Jolla, CA

Daniel Bradbury – Executive Chairman of the Board (Promotion)

Alume Appoints Daniel Bradbury as Exec. Chair; Welcomes Dr. Geoffrey Ling & Dr. Craig Venter to Strategic Advisory Board

CraniUS Therapeutics: Implant, Pump, Bypass the Blood Brain Barrier – Baltimore, MD

Oray Boston Jr. – Board Member (Joining)

CraniUS Therapeutics Appoints Johnson & Johnson Senior Executive, Oray Boston Jr. to Board of Directors

Dymicron: Implant, Spine Surgery – Orem, UT

Peter Wehrly – Board Member (Joining)

Dymicron Appoints Veteran MedTech CEO Peter Wehrly to Board of Directors

Funding

Levee Medical: Scaffold, Urology Surgery, Post-Prostatectomy – Durham, NC

Levee Medical Completes Oversubscribed $12M+ Financing to Support PMA as ARID II Trial Progresses

Mainz Biomed: Diagnostic Test, Genomic, Cancer, Oncology – Mainz, Germany

Mainz Biomed Announces 6.0 USD Million Private Placement and Strategic Update

Arbutus Medical : Procedural Device, Orthopedic Surgery – Vancouver, BC

Arbutus Medical Raises C$9.3M to Accelerate Growth of Surgical Workflow Solutions Outside the OR

Lexi AI: AI, Soft/SaaS, Medical Language Interpreter – Cambridge, MA

Lexi Raised $1.4M to Bring AI Language Access to Every Point of Care

Simpson Interventions: Procedural Device, Intravascular Imaging, Interventional Cardiology, Interventional Radiology – Campbell, CA

Simpson Interventions Announces Initial Close of Series C Financing and Corporate Rebrand to Elumn8 Medical

Synchrony Medical: DME, Pulmonology, Airway Clearance – Or Yehuda, Israel

Synchrony Medical Secures $5M Funding to Fuel Commercial Expansion of its At-Home Airway Clearance Device for Chronic Respiratory Disease

AlayaCare : Soft/SaaS, Practice Mgt, Home Care – Montreal, QC

CIBC Innovation Banking Provides AlayaCare with $50 Million Growth Capital Facility

Custom Surgical: AI, Soft/SaaS, Diagnostic, Ophthalmology – Munich, Germany

ZEISS invests in Custom Surgical to accelerate digitalization of eye health diagnostics

Patientdesk.ai: AI, Soft/SaaS, AI Receptionist – San Francisco, CA

Patientdesk AI Raises $1M Pre-Seed Backed by Y Combinator to Modernize Dental Front Desks

Pharaoh Neuro: Implant, CSF Management, Closed-Loop, Neurology, Critical Care – Minneapolis, MN

Pharaoh Neuro raises $20m, picks ex-Medtronic exec for CEO role

TriSalus Life Sciences: Procedural Device, Drug Delivery, Interventional Oncology – Westminster, CO

TriSalus Life Sciences Announces Pricing of $40.0 Million Public Offering

Regulatory

Approval
Retia Medical: Soft/SaaS, Diagnostic, Cardiovascular – White Plains, NY

Retia Medical Receives FDA 510(k) Clearance for Argos Infinity™, Expanding Cardiovascular Intelligence Across High-Risk Surgical and Critical Care Environments

Submittal
Telix Pharmaceuticals: Diagnostic, Radiopharmaceutical, Cancer – Melbourne, Australia

Telix Submits European Marketing Authorization Application for TLX101-Px for Brain Cancer Imaging

Approval
Empirical Spine: Implant, Minimally Invasive, Spine – San Carlos, CA

FDA Grants PMA Approval to LimiFlex(TM) Dynamic Sagittal Tether

Approval
Innovative Sterilization Technologies: Sterilization System – Dayton, OH

FDA Clears IST’s ONE TRAY® for 365 Day Storage, Expanding Sterilization Flexibility for Surgical Facilities

Product News

Artisight: AI, Soft/SaaS, Ambient Listening – Chicago, IL

Artisight Now Runs Epic MyChart Bedside TV, Powering a Fully Connected Smart Hospital Experience

athenahealth: AI, Soft/SaaS, EMR, Pt. Engagement, Practice Mgt. – Boston, MA

athenahealth Launches Agentic Patient Communication Tools Across Its Provider Network, Which Serves One in Five Americans

Kontakt.io : AI, Soft/SaaS, Pt. Care Operations – New York, NY

Kontakt.io Unveils Next-Generation AI Solutions to Re-ViVE Care Operations and Transform Healthcare Delivery

Breakthrough Devices

Portal Diabetes: Implant, Insulin Pump, Endocrinology, Surgery – Westfield, IN

Portal Diabetes Gets FDA Breakthrough for Pump, Starts Insulin Study

Instanosis: Diagnostic, Rapid, Urine – King of Prussia, PA

Instanosis Xylazine Rapid Test (Urine) Granted FDA Breakthrough Device Designation

Breath Diagnostics: Diagnostic, Predictive – Louisville, KY

Breath Diagnostics, Inc. Receives FDA Breakthrough Device Designation for OneBreath™ Platform to Aid Pre-Operative Pneumonia Risk Assessment

Clinical Trials/Studies

Clarity Pharmaceuticals: Imaging, Diagnostic, Radiopharmaceutical, Cancer – Sydney, Australia

Co-PSMA: Cu-64 SAR-bisPSMA more than doubled prostate cancer lesion and patient detection vs. Ga-68 PSMA-11 in head-to-head trial

Neuromod Devices: DME, ENT, Tinnitus Therapy – Dublin, Ireland

Lenire Shows Consistent Positive Results for U.S. Tinnitus Patients in 2nd Peer-Reviewed Real-World Study

bioAffinity Technologies: Diagnostic Test, Liquid Biopsy, Oncology, Lung Cancer – San Antonio, TX

Clinical Utility of bioAffinity Technologies’ CyPath® Lung Test Demonstrated in Real-World Case Study

Vektor Medical: AI, Soft/SaaS, Arrhythmia Analysis – San Diego, CA

Vektor Medical Announces EP Europace Publication: vMap-Guided Ablation Associated with Improved One-Year Arrhythmia-Free Survival in Unstable Ventricular Tachycardia Patients

Clyra Medical: Topical, Wound Care – Tampa, FL

BioLargo Subsidiary Clyra Medical Highlights Key Opinion Leader Presentation of Exceptional ViaCLYR(TM) Clinical Results at Leading Wound Care Symposium

bioAffinity Technologies: Diagnostic Test, Liquid Biopsy, Oncology, Lung Cancer – San Antonio, TX

New Case Study Highlights Ability of bioAffinity Technologies’ CyPath® Lung to Reduce Diagnostic Burden for Patients At Risk for Lung Cancer

Partnerships

Science Corporation: Implant, BCI, Neural Engineering, Retinal – Alameda, CA
Science Corp.’s PRIMA BCI Implant Restores Functional Central Vision to Patients with Geographic Atrophy Caused By Age-Related Macular Degeneration, a Leading Cause of Blindness, The New England Journal of Medicine Reports: AI, Implant, BCI, Neurosurgery – Geneva, Switzerland

Science Corp. and Neurosoft Bioelectronics Announce Novel BCI Ecosystem Partnership

Patents

Magnus Medical: Capital Equip, Neuromodulation, Depression, Mental Health – Burlingame, CA

Magnus Medical Moves to Protect Intellectual Property Behind Breakthrough SAINT Accelerated Depression Therapy

This & That

Simpson Interventions: Procedural Device, Intravascular Imaging, Interventional Cardiology, Interventional Radiology – Campbell, CA

Simpson Interventions Announces Initial Close of Series C Financing and Corporate Rebrand to Elumn8 Medical

Grail: Diagnostic, Oncology, Precision Medicine – Menlo Park, CA

Here’s Why Grail Stock Crashed 50% Today

Asset Acquisitions/Sales

Catheter Precision: Procedural Device, E-P – Fort Mill, SC

Catheter Precision Announces Strategic Sale of Non-Core Assets to Strengthen Balance Sheet and Accelerate Electrophysiology Growth

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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