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Healionics Scores $2.6M Angel Backing to Promote Healing Around Medical Devices
Colleagues,
As reported in Xconomy...Redmond, WA-based Healionics, which develops technology to promote healing around implantable medical devices, has raised $2.6 million in a second round of angel financing.
The cash comes from some of the Northwest’s biggest angel networks, including the Alliance of Angels, Bellingham Angels, Keiretsu, Tacoma Angel Network, and Zino Society. This is the second round of financing this year for Healionics, which pulled in $1.7 million in an earlier round in January.
Healionics, founded in 2007, has its roots in technology developed over almost a decade at the University of Washington by bioengineering professor, Buddy Ratner. The company is developing a bioengineered material, called STAR, that has lots of pores that allow blood vessels and other tissues to grow and promote healing around an implanted medical device, like a pacemaker, for instance. The company has had a busy year since getting the first wad of cash. It has nailed down 14 commercial research agreements with partners who want this technology for a wide range of devices for obesity, diabetes monitoring, wound care, human aesthetics like breast implants, and doing infusions...
Read on at: http://www.xconomy.com/seattle/2008/12/11/healionics-scores-26m-ang...
ENJOY!
CC
As reported in Xconomy...Redmond, WA-based Healionics, which develops technology to promote healing around implantable medical devices, has raised $2.6 million in a second round of angel financing.
The cash comes from some of the Northwest’s biggest angel networks, including the Alliance of Angels, Bellingham Angels, Keiretsu, Tacoma Angel Network, and Zino Society. This is the second round of financing this year for Healionics, which pulled in $1.7 million in an earlier round in January.
Healionics, founded in 2007, has its roots in technology developed over almost a decade at the University of Washington by bioengineering professor, Buddy Ratner. The company is developing a bioengineered material, called STAR, that has lots of pores that allow blood vessels and other tissues to grow and promote healing around an implanted medical device, like a pacemaker, for instance. The company has had a busy year since getting the first wad of cash. It has nailed down 14 commercial research agreements with partners who want this technology for a wide range of devices for obesity, diabetes monitoring, wound care, human aesthetics like breast implants, and doing infusions...
Read on at: http://www.xconomy.com/seattle/2008/12/11/healionics-scores-26m-ang...
ENJOY!
CC
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