JumpStart Archives - MedCity News

With new CEO, funding and FDA clearance, dental implant startup will soft launch in July

Deanna Pogorelc — Thu, 13 Jun 2013 13:54:10 +0000

A new $250,000 investment from economic development group JumpStart is part of an ongoing Series […]

OrthoData arrives in Ohio with a sensor device for spine surgeries & $1.1M in new investments

Deanna Pogorelc — Thu, 28 Mar 2013 19:07:35 +0000

A medical device company with a new way to help surgeons gauge the success of […]

Cardiology-focused startup improving FFR emerges in Cleveland with $250K investment

Deanna Pogorelc — Wed, 09 Jan 2013 23:13:44 +0000

A new Cleveland-based startup is innovating on diagnostic technology in cardiology with the hope of […]

Report: 6 in 10 venture capital dollars invested in Northeast Ohio go to the healthcare industry

Deanna Pogorelc — Tue, 18 Sep 2012 17:24:06 +0000

Despite the recession, venture capital investing in Northeast Ohio showed significant growth from 2007 to […]

Brain cooling emergency device gets $250K JumpStart investment

Brandon Glenn — Wed, 04 Apr 2012 13:05:11 +0000

Therapeutic hypothermia medical device company Life Core Technologies has received a $250,000 investment from state-backed […]

JumpStart’s unpublicized (kind of) exit: MAX Endoscopy

Brandon Glenn — Thu, 08 Mar 2012 14:35:45 +0000

It’s well-known among local investors that Cleveland-area economic development group JumpStart has achieved one exit […]

Muscular dystrophy therapy biotech wins $250K JumpStart investment

Brandon Glenn — Tue, 14 Feb 2012 14:00:34 +0000

A clinical-stage biotechnology startup that’s developing a therapy for neuromuscular diseases such as muscular dystrophy […]

Microloan fund launched to support Northeast Ohio entrepreneurs

Brandon Glenn — Fri, 02 Sep 2011 13:18:11 +0000

A new $250,000 microloan fund has been launched to help Northeast Ohio entrepreneurs in need […]

Euclid Ventures: A fund that wasn’t (but someday might be)

Brandon Glenn — Fri, 27 May 2011 14:50:30 +0000

Plans for a new, small, state-backed investment fund that would’ve been operated by Cleveland-based venture […]

CoverMyMeds raises $1M for prior authorization technology

Brandon Glenn — Fri, 20 May 2011 16:29:44 +0000

Health IT firm CoverMyMeds has raised $1 million to continue developing its prior authorization technology. […]

A few fireworks, a lot of supporters at JumpStart community meeting

Brandon Glenn — Tue, 22 Mar 2011 02:46:20 +0000

“This machine kills fascists!” That blaring howl, made by entrepreneur Marc Canter while brandishing a […]

JumpStart becomes target of criticism from local entrepreneurs

Brandon Glenn — Mon, 07 Mar 2011 22:44:54 +0000

Just a few weeks after it enjoyed hearty praise from President Obama, Cleveland economic development group JumpStart has been on the receiving end of some harsh criticism from three local entrepreneurs.

Fake Twitter accounts officially lame; they’re targeting investors

Brandon Glenn — Thu, 03 Mar 2011 17:49:54 +0000

The well-documented phenomenon of fake Twitter accounts have been used to skewer the rich and famous from politics to business to sports to Hollywood. But you know the fake Twitter trend has jumped the shark when it’s happening to little-known business incubators and largely under-the-radar seed investment funds. In recent weeks, two such Northeast Ohio groups have received the fake Twitter treatment.

Cleveland Clinic, JumpStart invest $500k in wound therapy startup

Brandon Glenn — Mon, 07 Feb 2011 20:07:36 +0000

SironRX hopes to raise $2.5 million, which it would use to fund a Phase 2 clinical trial of its wound-healing technology.

Is the Midwest the nation’s hottest venture capital market?

Brandon Glenn — Mon, 03 Jan 2011 19:59:51 +0000

Investing in health is one of the reasons some are predicting the Midwest will be one of 2011’s hottest growth markets for venture capital investing. Through the first three quarters of 2010, the amount of venture money invested in Midwestern startups grew 45 percent to $818 million, according to the National Venture Capital Association. That’s a higher amount than Midwestern venture investment in the full year of recession-plagued 2009.

JumpStart to help Minn. startups with community advisors program

Brandon Glenn — Tue, 16 Nov 2010 15:31:34 +0000

Twin Cities entrepreneurs may soon have a new — or at least improved — resource for mentoring and seed funding, thanks to a federal grant to Cleveland economic development group JumpStart.

Endotronix’s latest fundraise tops $650k, but by how much?

Brandon Glenn — Wed, 13 Oct 2010 15:20:53 +0000

With publicly revealed investments of $250,000 from a Cleveland economic development group and $400,000 from an Illinois angel group, rudimentary mathematics tell us heart monitoring startup Endotronix Inc. has raised at least $650,000. But the company’s latest funding round went above that amount, only Endotronix isn’t saying by how much.

Heart monitoring firm Endotronix gets $250k JumpStart investment

Brandon Glenn — Tue, 12 Oct 2010 17:42:58 +0000

Endotronix Inc., which is developing a wireless heart sensor licensed from NASA, has received a $250,000 investment from economic development group JumpStart Ventures.

Local doctor to speak on Synapse Biomedical at OVA luncheon [Sponsored]

Sponsored Post — Mon, 04 Oct 2010 17:46:04 +0000

Dr. Raymond Onders will share a venture capital success story this week during his talk, “Helping Patients Breathe: From Superman to Synapse Biomedical — How orphan diseases can lead to worldwide sales from Northeastern Ohio.”

CoverMyMeds gets $546k tax credit to expand Columbus office

Brandon Glenn — Tue, 28 Sep 2010 15:53:57 +0000

An Ohio board has approved a $546,055, seven-year tax credit for an expansion of CoverMyMeds LLC’s Columbus office.

Peripheral artery disease drug developer TheraVasc raises $1.8M

Brandon Glenn — Mon, 27 Sep 2010 14:26:00 +0000

TheraVasc Inc., which is reformulating a drug to treat vascular diseases, has raised a $1.8 million Series A1 round of investment capital. But the company isn’t stopping there — it’s looking to add about $450,000 to the round.

JumpStart wins national economic development award

Brandon Glenn — Thu, 16 Sep 2010 12:58:44 +0000

Nonprofit JumpStart Inc. has received a national economic development award for its work helping entrepreneurs develop their businesses.

Max Endoscopy, TheraVasc get 250k investments from JumpStart

Brandon Glenn — Tue, 07 Sep 2010 20:46:27 +0000

Device maker MAX Endoscopy Inc. and drug developer TheraVasc Inc. each have received $250,000 follow-on investments from JumpStart Ventures, the investment arm of Northeast Ohio venture developer JumpStart Inc. The new commitments follow initial investments of the same amount that JumpStart made in the two companies last winter.

ChanRx to use $250K investment to reformulate a-fib drug

Mary Vanac — Thu, 05 Aug 2010 04:01:43 +0000

Updated 2:47 p.m., Aug. 5, 2010. Two-year-old drug development company ChanRx has received a $250,000 […]

CoverMyMeds gets $250K for tools to automate prior authorization

Mary Vanac — Tue, 06 Jul 2010 18:38:25 +0000

Healthcare technology and services company CoverMyMeds LLC has received a $250,000 investment commitment from JumpStart […]

Third Frontier grants $3M to support startup tech companies

Mary Vanac — Wed, 23 Jun 2010 21:54:11 +0000

The Ohio Third Frontier Commission has awarded more than $3 million to entrepreneur-support organizations that […]

CerviLenz debuts inexpensive device to indicate preterm births

Mary Vanac — Mon, 17 May 2010 21:00:13 +0000

Obstetricians, nurse-midwives and labor and delivery nurses now have a powerful — and inexpensive — […]

CardioInsight raises $5.7M for heart-mapping technology

Mary Vanac — Wed, 20 Jan 2010 17:56:41 +0000

CardioInsight Technologies Inc. has raised $5.7 million in an ongoing funding round to help commercialize its heart-mapping technology. The Cleveland company’s electrocardiographic mapping technology could help diagnose and treat electrical abnormalities of the heart, such as heart failure and arrhythmia.

Theravasc Inc. wins $500,000 investment commitment to try vascular disease drug

Mary Vanac — Tue, 05 Jan 2010 21:46:47 +0000

Theravasc Inc., a Cleveland company that is reformulating an approved drug to treat vascular diseases, has received investment commitments of $500,000 to do its initial clinical study.

For MAX Endoscopy, $250,000 investment from JumpStart means ‘fresh breath’ for the new year

Mary Vanac — Wed, 30 Dec 2009 20:08:32 +0000

MAX Endoscopy Inc. in Macedonia, Ohio, has received a $250,000 investment commitment from JumpStart Inc., the venture development organization in Cleveland. MAX Endoscopy will use the money to formalize sales and marketing efforts for its fiber-optic technology that is used with endoscopes to treat hemorrhoids.