Crunchbase News typically covers larger funding rounds, however we think these startups are worth highlighting for their interesting approaches despite their smaller raises
Predicting when a medical event, such as sudden cardiac arrest, might happen to a hospitalized patient can help doctors and nurses provide better treatment. To address that issue, Transformative, a London-based medical device software company, is developing technology that will analyze data from patient monitoring devices.
The company raised a $1.7 million seed round led by Tera Ventures, with participation from Wellcome Trust and InHealth Ventures.
“Our next focus is to take the algorithm that we developed, that is validated, and get it to patients,” Joshua Oppenheimer, M.D., co-founder and CEO, told me in an interview. “We want to accomplish giving that early warning or, at the very least, at the early stage for survival.”
The path to market for the company is through manufacturers for the devices that are already standard in hospitals. Oppenheimer expects to then expand to out-of-hospital monitoring at home.
Most people don’t typically think about where their toilet water goes, but Epic CleanTec does.
The San Francisco-based company secured a $2.6 million round of seed funding this week to advance its approach to onsite wastewater treatment and reuse: Converting a building’s wastewater into natural, carbon-rich soil amendments and water that can be purified and reused onsite for nonpotable applications.
The round was led by a mostly undisclosed group of investors that included Elizabeth Cutler and Kathy Fields. The company tested its method at Stanford University before installation in the NEMA apartment complex in downtown San Francisco.
“This funding will help Epic become the market leader in onsite water reuse in cities throughout the US and eventually the world,” Epic’s co-founder and CEO Aaron Tartakovsky told me via email. “We will hire additional experts to expand our business and technical teams and accelerate our efforts to provide clean water and reliable sanitation to growing urban populations everywhere.”
Originally published by
Christine Hall | July 31, 2020