MATTER Startup Shoutouts: December 2022

Every day, innovators across the MATTER community are building new solutions that accelerate innovation, advance care and improve lives. Over the last three months, MATTER startups raised more than $16 million, won prominent innovation challenges, received notable grants, fostered impactful partnerships and much more.

There’s no shortage of good news to celebrate in the MATTER community. Learn more about our community’s impressive accomplishments below.

MATTER startups completed recent raises.

Limber raised $11 million to advance their hybrid musculoskeletal care platform.

Limber Health, a leader in merging in-clinic and digital musculoskeletal care, closed an oversubscribed $11 million Series A investment. The round was led by Blue Venture Fund with participation from Glenview Capital. Limber will use the funding to continue to enhance their platform and grow their provider and payer partnerships.

ClostraBio raised $4 million to develop therapeutics to transform intestinal health

ClostraBio, a late-preclinical stage biopharma company, closed a $4 million Series A-1 financing round led by Portal Innovations. The funds will be used to complete preclinical studies toward ClostraBio’s first-in-human clinical studies treating mild-to-moderate ulcerative colitis.

Vincere Health raised $1.75 million to expand risk-based contracting.

Vincere Health, a health engagement and prevention platform, raised $1.75 million in a customer-led strategic funding round led by Inception Health with participation from BrightEdge. The funding will help Vincere scale into risk-based contracting with more health plans and provider networks.

MATTER startups completed significant milestones such as being acquired, FDA clearance, grants, research and competition wins.

Dimension Inx received an NIH grant and patent.

Dimension Inx, a regenerative biomaterials company, announced being jointly awarded a National Institutes of Health Developmental Research Grant with Ann & Robert Lurie Children’s Hospital of Chicago. The grant will further the development of a more accessible and affordable infertility preservation intervention.

Level Ex won a Chicago Innovation Award.

Level Ex, the world’s first medical video game company, won the Walgreens Digital Transformation Award at the 2022 Chicago Innovation Awards. The award recognized Level Ex’s latest game release, Top Derm, a first-of-its-kind video game for dermatologists.

Pillar published an industry study on the state of health coaching.

Pillar, a venture-backed infrastructure technology company that powers white-labeled coaching programs for healthcare and digital health companies, published a study with the USF College of Public Health. The study highlighted the tremendous value in embedding health coaches as the front line of patient care to empower individuals with the skills and tools to advance their own health and well-being through behavior change and lifestyle management support.

Phiex Technologies won the 2022 MedTech Innovator grand prize.

Phiex Technologies, a company designing self-sterilizing packaging materials, won the 2022 MedTech Innovator grand prize and $350,000. Phiex Technologies plans to use the funds to bring to market their innovative materials solution that allows a medical device’s packaging to self-sterilize throughout the shipping process.

Rockfield Medical Devices received FDA clearance.

Rockfield Medical Devices, a commercial-stage medical device company, received FDA 510(k) clearance of their Mobility+ Enteral Feeding System solution. The Mobility+ Enteral Feeding System is a portable, lightweight, non-electronic, enteral feeding system that delivers liquid nutrition formula to a feeding tube in users aged two years and older in clinical or home care settings.

Surgical Innovation Associates acquired by Integra LifeSciences.

Surgical Innovation Associates (SIA), a medical device company, announced entering into a definitive agreement to be acquired by Integra LifeSciences. The acquisition will facilitate the adoption of SIA’s product DuraSorb®, an absorbable monofilament mesh for plastic and reconstructive surgery, in the United States and broaden its availability around the world.

Six MATTER startups secured impactful partnerships to help expand and scale their business.

HabitNu partnered with the American Diabetes Association to deliver diabetes prevention and management services.

HabitNu, an organization that promotes healthy lifestyle changes, announced a partnership with the American Diabetes Association (ADA) to deliver Project Power, an innovative program to reduce the risk of Type 2 diabetes in high-risk and vulnerable communities nationwide. HabitNu’s lifestyle coaches will be delivering diabetes prevention and management services in twenty cities nationwide through HabitNu’s ADA-branded coaching platform and digital tools.

Neximatic partnered with the North American Partners in Anesthesia to automate charting.

Neximatic, a technology provider for electronic health record providers, announced a partnership with the North American Partners in Anesthesia (NAPA) to automate charting and reduce documentation burden. NAPA will use Neximatic’s Vital Sign Streaming Solution, which runs on a hospital’s existing IT infrastructure without requiring additional technology, to deploy automated charting in a fast, simple and cost-effective manner.

Neursantys announced a know-how agreement with Mayo Clinic.

Neursantys, a company creating wearable diagnostic and therapeutic devices, entered into a know-how agreement with Mayo Clinic. As a part of the agreement, Neursantys will support the development of wearable devices that integrate both diagnostic assessment and therapeutic treatment of age-related balance impairments.

OpenLoop partnered with BlueJeans by Verizon to expand access to virtual care

OpenLoop, a leader in white-label telehealth support services powering virtual care across the country, announced a partnership with BlueJeans by Verizon to propel anytime, anywhere virtual care delivery. Through the partnership, OpenLoop will be able to provide its clients access to BlueJeans Telehealth, an intuitive, HIPAA-ready virtual care platform, and BlueJeans customers will have access to unrivaled provider staffing services through OpenLoop’s certified network of clinicians.

TimeDoc Health partnered with Transitions Care to enhance care for vulnerable patients.

TimeDoc Health, a leader in virtual care management for healthcare providers, announced a partnership with Transitions Care. TimeDoc Health will help Transitions Care expand the quality and scale of their delivery of remote care for vulnerable patient populations. Together, they will provide comprehensive virtual care management to more than 5,000 of Transitions’ patients.

Yumlish partnered with the Air Force to address nutrition among recruits.

Yumlish, a digital health company, won a Small Business Innovation Research contract with the Air Force Research Laboratory. Yumlish will deliver an adapted version of its core digital nutrition product to address nutritional drivers behind why many Air Force recruits struggle to meet fitness requirements.

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