Archive | UM Ventures

Protaryx Medical Announces $8.3M in Funding for First-in-Class Technology for Left Atrial Access in Transcatheter Cardiac Procedures

Protaryx

$5.1M Series A Funding Led by Ajax Health Will Be Used to Develop First-in-Class Product Designed with Three-Dimensional, Independent Steerability to Deliver Reliable Access BALTIMORE–(BUSINESS WIRE)–Protaryx™ Medical, a company committed to reimagining access to the left atrium for transcatheter cardiac procedures, today announced that it has raised $8.3 million in funding to develop the company’s […]

Comments Off on Protaryx Medical Announces $8.3M in Funding for First-in-Class Technology for Left Atrial Access in Transcatheter Cardiac Procedures Continue Reading →

UMB Startup Breethe Acquired by Abiomed to Commercialize Wearable Artificial Lung System

BreetheNew

The Deal Marks Another Successful Exit Supported by UM Ventures Breethe, a company built on technology licensed out of the University of Maryland, Baltimore (UMB), was acquired by Abiomed, a publicly-traded medical device company located in Massachusetts, in late April 2020. Financials were not disclosed, but the deal represents another UMB success story that received early backing […]

Comments Off on UMB Startup Breethe Acquired by Abiomed to Commercialize Wearable Artificial Lung System Continue Reading →

UM Ventures Backs Innovative UMB Startup Programs and Technologies to Aid Clinicians in the Fight Against COVID-19 Pandemic

umventures-logo-trans

Following the initial outbreak of coronavirus (COVID-19) in the US, most of the public’s attention was focused on finding hand sanitizer, toilet paper and face masks. While these resources are imperative to help prevent the spread of the virus, there is a dire need for more healthcare technology that will directly impact the treatment of […]

Comments Off on UM Ventures Backs Innovative UMB Startup Programs and Technologies to Aid Clinicians in the Fight Against COVID-19 Pandemic Continue Reading →

CoapTech LLC Awarded $1.2M Grant from National Institutes of Health to Support Clinical Evaluation and Training for Novel PUMA-G Device

coaptech logo

BALTIMORE, Md., Oct. 21, 2019 (GLOBE NEWSWIRE) — CoapTech LLC announced today that the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) within the National Institutes of Health (NIH) awarded the company a two-year, $1.2M R44 Small Business Innovation Research (SBIR) Phase II grant on August 29, 2019. This builds on a $225,000 Phase […]

Comments Off on CoapTech LLC Awarded $1.2M Grant from National Institutes of Health to Support Clinical Evaluation and Training for Novel PUMA-G Device Continue Reading →

UMB’s Jim Hughes Featured in BioTalk Podcast: Live from the BioHealth Capital Region Forum

BIoTalk Logo_small

During the BioHealth Capital Region Forum held last month, Jim Hughes, Vice President at University of Maryland, Baltimore, was among those interviewed for a BioTalk Podcast including select leaders from different parts of the BioHealth Capital Region discussing what they are working on, and their thoughts on the event. Jim discussed some of the recent startup successes […]

Comments Off on UMB’s Jim Hughes Featured in BioTalk Podcast: Live from the BioHealth Capital Region Forum Continue Reading →

UM Ventures Announces UMB Entrepreneur of the Year

Griffith_Bartley3

After 1,250 heart transplants and 685 lung transplants, one would think Bartley P. Griffith could rest easy at night, knowing he had done everything possible for his patients. But for the past 20-plus years, Griffith has felt a void. As he expressed when he was named UMB Researcher of the Year in 2010 “my own […]

Five Startups on Fast Track to Grow Their Businesses Courtesy of Baltimore’s Big Names in Fitness and Health Care

cropped-M1_logo_glow

M-1 Ventures’ accelerator program to provide emerging businesses funding and mentorship from experts at Johns Hopkins, Plank Industries and the University of Maryland Today, M-1 Ventures announced the five startups selected to participate in an intense 16-week program in Baltimore designed to set emerging businesses in the connected health and fitness industry on a fast […]

Comments Off on Five Startups on Fast Track to Grow Their Businesses Courtesy of Baltimore’s Big Names in Fitness and Health Care Continue Reading →