It's called March Madness for a reason, but this week, it's not the college basketball that's capturing our attention—it's the incredible milestones the #LSIAlumni have achieved 🏀
Your 60 second news recap:
Bessel.co / Hatch Fairhope — Chris Danek, Keith Glines, Rick Miller
→ Announced the launch of its Medtech startup incubator, Hatch Powered by Bessel.
ConKay Medical Systems, Inc. — Albert Yuan
→ Closed an oversubscribed $1.8M Seed round with participation including Unorthodox Ventures, SCP Ventures, WS Investment Company, and individual angel investors.
E-Scopics — Claude COHEN-BACRIE, Joel Gay
→ Announced its liver-assessment tool Hepatoscope®, has been cleared for use in the US and in Europe.
Features Capital — Jenny Barba, Jeff Chu
→ Jenny Barba, Co-Founder of Features Capital named top 10 women in VC 2024 by National Venture Capital Association, Venture Forward.
Flosonics Medical — Joe Eibl
→ Raised a $20M Series C funding round led by New Leaf Venture Partners.
inHEART — Todor Jeliaskov
→ Received FDA 510(k) clearance for its AI software module that enables a fully automated segmentation of CT images in the creation of 3D cardiac models.
Mendaera, Inc. — Josh DeFonzo
→ Announced that it has acquired the telepresence technology of Avail Medsystems, Inc.
MIMOSA Diagnostics — Karen Cross
→ Won the Scale Up and Impact Investment Challenge and the People’s Choice Award, taking home the grand prize of $100,000.
MultiplAI Health — Meg Samek-Smith
→ APx Acquisition Corp. I, a publicly traded special purpose acquisition company, OmnigenicsAI Corp, and MultiplAI Health, have entered into a definitive Business Combination Agreement that, upon closing, would result in OmnigenicsAI becoming a publicly listed company.
PAVmed Inc. — Lishan Aklog, MD
→ Launched a wholly owned incubator, PMX, to complete development and commercialization of existing portfolio technologies. PMX and Hatch Medical have executed a joint venture agreement to advance the technologies.
POLARISᴬᴿ — Paul M.
→ Announced the first total knee arthroplasty using its STELLAR Knee mixed-reality surgical guidance system.
Protembis GmbH — Karl von Mangoldt
→ Completed it’s €30 million Series B financing round and also announced the addition of Keith D. Dawkins, MD, to the Board of Directors.
RedDrop Dx — Kris Buchanan
→ Received FDA 510(k) clearance for its RedDrop One blood collection device for prescription use.
RefleXion Medical — Todd Powell
→ Announced a licensing agreement to incorporate Limbus’ automated contouring software, Limbus Contour, into the RefleXion® X1 radiotherapy treatment planning system.
Synaptive Medical — Cameron Piron, Magnus Momsen
→ Received FDA 510(k) clearance for Modus IR, adding to the existing fluorescence offering on its 4K 3D robotic exoscope, Modus X.
Congratulations to all the LSI Alumni who made major news this week!