Prospex Medical is a medical device incubator focused on innovating and incubating novel medical technologies.
Business Model:
Revenue: $0
Employees: 1-10
Address: 333 North Main Street Suite 202
City: Stillwater
State: MN
Zip: 55082
Country: US
Prospex Medical, now dormant, was a medical device incubator focused on innovating and incubating novel medical technologies. With an emphasis on regulated medical devices and non-regulated (quasi-consumer) medical products, Prospex Medical explored a wide variety of opportunities in the health care market. Through a process of market identification, clinical and technical research, physician collaboration, intellectual property generation, and proof of concept, Prospex Medical successfully created and spun-out two companies: BridgePoint Medical (www.bridgepointmedical.com) and Apnex Medical (www.apnexmedical.com).
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 4/2005 | Seed Round | 3 | $1.5M |
Polaris Partners New Enterprise Associates Michael Berman Michael Berman New Enterprise Associates Polaris Partners |
9/2011 | Venture Round | $1.5M |
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