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Healthcare’s Move from Volume to Value Fuels Startup Investment As industry leaders work to redefine value in healthcare, payers and providers are offering access to the once-impenetrable healthcare marketplace for new technologies. As large healthcare systems and payers expand their own investment portfolios, they are becoming familiar with the value that startups can drive and […]
Records Fall in Q1 As Money Flows Into Medical Alley’s Startup and Growth-Stage Companies After setting a record with their best-ever Q1 in 2018, Medical Alley startup companies didn’t just set the record again, they shattered it! For the third consecutive year, Medical Alley startup and growth-stage companies broke the previous record for money raised […]
Medical Alley Association is very excited to that our members now have access to AWS Activate, a program that connects startup and early-stage companies with the resources they need to build and grow their business. What is the AWS Activate Program? Amazon Web Services provides startups with the low-cost, easy-to-use infrastructure needed to scale and […]
Will the future of healthcare be most significantly defined by reigning in costs or accelerating outcomes? Lower costs and better outcomes are byproducts, not goals in and of themselves. I believe the future of health care will be defined by identifying the root causes of high costs and poor outcomes. In the startup community, it […]
Minneapolis, MN –Medical Alley Association greatly appreciates Governor Walz and Lt. Governor Flanagan’s budget proposals that recognize and help address challenges facing the health innovation and care community, including the creation of the Minnesota Innovation Collaborative and the restoration of the Angel Investment Tax Credit. The revitalization of this tax credit is a big step […]
Greg Sommer is a PhD-level engineer, entrepreneur, and executive in consumer healthcare and clinical diagnostics. In 2012, Dr. Sommer co-founded Sandstone Diagnostics, a Bay Area diagnostic and digital health company developing sophisticated connected wellness products that allow consumers to measure, monitor, and improve key health markers at home. Sandstone’s Trak® Male Fertility Testing System allows […]
2019 Showcase to Feature Industry’s 50 Best-in-Class Medical Technology Startups LOS ANGELES, Nov. 28, 2018 – MedTech Innovator, the premier nonprofit accelerator in the medical technology industry, today announced a call for startups and emerging growth companies to apply to its 2019 program, which will award up to $500,000 in cash and in-kind prizes during its competition. The deadline […]
This is the best fundraising start Minnesota companies have experienced in the past eight years! For a more detailed look at first half investment, news and trends check out our full report. Use the Tableau below to further examine investment in Medical Alley.
While Minnesota’s Medical Alley has always been known for its collection of leading healthcare organizations (Mayo Clinic, Medtronic, UnitedHealth Group, St. Jude Medical, et al), you can add the start-up and digital health boom to the growing list of Medical Alley leadership positions. In 2016, start-up health technology companies accounted for a majority of the […]
Medical Alley-based health technology companies in Minnesota raised a record $335.8M YTD after adding $117M in Q3. Since 2009, $2.6B has been raised in Medical Alley. Since 2013, Medical Alley companies have consecutively established new records for investment year-over-year, with an all-time high of $448M in 2015; up 77% from just a few years earlier. 2016 is trending to be another record-setting […]