Solenic Medical

company

About

Solenic Medical is a medical device company that develops a non-invasive treatment for infected metallic implants in the body.

  • 1 - 10

Details

Last Funding Type
Grant
Last Funding Money Raised
$1.30M
Industries
Biotechnology,Health Care,Medical,Medical Device
Founded date
Feb 28, 2019
Number Of Employee
1 - 10
Operating Status
Active

Solenic Medical, a medical device company that develops a non-invasive treatment for infected metallic implants in the body.

The company leverages the properties of alternating magnetic fields (AMF) generated from external coils to eradicate biofilm on the surface of medical implants. This non-invasive treatment addresses a major complication of various surgeries, such as knee and hip replacements, as well as in trauma-related implants such as plates and rods. Its AMF technology has the potential to completely replace the very expensive and risky two-step revision surgical procedure, which is the current standard of care for chronic infections on medical implants.

Rajiv Chopra and David Greenberg founded it in College Station, Texas in 2019.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$1.30M
Solenic Medical has raised a total of $1.30M in funding over 2 rounds. Their latest funding was raised on Aug 1, 2020 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 1, 2020 Grant $1.30M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Solenic Medical is funded by 1 investors. National Institutes of Health are the most recent investors.
Investor Name Lead Investor Funding Round
National Institutes of Health Grant