Francis Medical – Medical Alley Association

Medical Alley Startups Break $3 Billion Mark in Record Setting Year

Medical Alley’s startup community raised over $3 billion in capital in the public and private markets in 2021, cementing the region as one of the top health innovation ecosystems in the world. Past Medical Alley investment leader Bright Health Group went public in April, raising $924 million, one of four public offerings in the year. […]

Medical Alley’s Startup Ecosystem Raises nearly $200 million in Q3

2021 has been a record year for Medical Alley’s early-stage companies, and Q3 was no exception. A total of 28 companies raised almost $200 million in the quarter, powered by large raises from GeneMatters, Francis Medical and Flywheel Exchange. M&A was also hot, with at least six different acquisitions, the majority of which were led […]

Internship Resource for Small Businesses, College STEM Majors has New Wage Match Opportunities

Minneapolis, Minnesota — The Minnesota Technology Association (MnTech) is proud to announce the start of the 2021 SciTech Internship Program year. Since 2012, SciTech has successfully placed nearly 2,200 college STEM interns in 140 cities across Minnesota. The SciTech team is looking forward to securing at least 200 more internships in the year ahead. Designed […]

In the Know: Healthcare News for September 20, 2021

Francis Medical Announces Close of $55 Million Series B Equity Financing Flywheel Raises $22M in Series C Funding Makana Therapeutics Awarded KidneyX Artificial Kidney Prize for Innovation in Xenotransplantation NeuroOne® Medical Technologies Corporation Receives FDA 510(k) Clearance for its Evo® sEEG Electrode Packaging Maker Relocates HQ to Maple Grove from Plymouth Mitesco Announces Lease for […]

In the Know for June 14, 2021

Icario Expands with Acquisition of ChipRewards Twin Cities Medical Device Firm Plans an IPO Central Logic Names Healthcare Operations Veteran and Entrepreneur Tod Thompson as Chief Operating Officer New Director Named for Center for Regenerative Medicine Minnesota Cannabis Firm Expands in Psychedelic Medicines, Sets New Revenue Target How One Biotech Company Narrowed the Gender Gap […]

Francis Medical Announces Positive Data from VAPOR 1 IDE Study for Water Vapor Ablation of Prostate Cancer

MINNEAPOLIS (June 8, 2021) – Francis Medical, Inc., a privately-held medical device company developing an innovative and proprietary water vapor ablation therapy for the treatment of prostate, kidney, and bladder cancer, today announced positive results from the company’s VAPOR 1 clinical study evaluating the safety and efficacy of the company’s minimally invasive water vapor ablation […]

For the Record with Michael Hoey, Founder and CTO, Francis Medical

Michael founded Francis Medical in 2018 where he serves as a director and chief technology officer. Prior to founding Francis Medical, in 2008 Michael co-founded NxThera to develop and commercialize the urology applications of the vapor platform technology that he invented. Before becoming an entrepreneur, Michael taught in several departments and performed research at the […]

In The Know: Healthcare News for October 12, 2020

Cleveland Clinic Unveils Top 10 Medical Innovations For 2021 3M survey: Trust in science rises during pandemic Recombinetics Inc. Merges with Makana Therapeutics to Accelerate Xenotransplantation gBETA Medtech Announces Fall 2020 Companies HabitAware receives $1M grant from the National Science Foundation How Medtronic’s new diversity leader wants to make the company even better Meet the […]

In the Know: Healthcare News for October 5, 2020

Revel and NovuHealth Merge to Create Leading Technology Platform Company Focused on Healthcare Member Engagement University of Minnesota develops AI algorithm to analyze chest X-rays for COVID-19 SentiAR Announces FDA 510K Clearance of CommandEP™ System, the First Holographic Cardiac Ablation Guidance System Medtronic to acquire Avenu Medical UnitedHealthcare to Roll Out Medicare Expansion Next Year […]

Francis Medical Adds Urology Company Coloplast to Roster of Investors

Contact:  Michael Kujak, CEO612-910-9790 Shelli Lissick, Bellmont Partners651-276-6922 FOR IMMEDIATE RELEASE Francis Medical Adds Urology Company Coloplast to Roster of Investors The $4 million equity investment will support the company in optimizing its product design and executing a pivotal U.S. study MINNEAPOLIS (Sept. 29, 2020) – Francis Medical, Inc., an early stage company pioneering urological cancer treatments, […]

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