Our Investment Focus
We seek post-ideation stage MedTech ventures with technologies in the following sectors:
Medical Devices, Diagnostic & Imaging, Digital Health, Wearable Devices, Healthcare Monitoring, Healthcare Information Technology, Smart Device Integration, Drug Delivery, and other supporting technologies.
Selection Criteria
1.
Pre-Seed and post-ideation product development stage startup
2.
Clear value proposition; Company must define both a clinical or system value but alongside a foreseeable market value
3.
Strong defensibility & competitive differentiation
4.
Technology should fall under CDRH regulations and have a pathway to regulation
5.
Magpie & NEMIC managers have clear, demonstrable value to your startup
6.
A clear pathway to raising future funding rounds
Investment Structure
Our investment in your startup is up to $150k
Cash investments are managed by Magpie and paid directly to 3rd party partners and consultants to complete development milestones as agreed to in the accelerator project plan
Due diligence will be initiated by our Technology Readiness Survey
Flexible Deal Terms
Contact Us
info@magpiemedtechventures.com
150 Chestnut Street
Providence, RI 02903
For any questions before applying contact us through the form below. Otherwise, apply here.