ENRICH in the USA Announces Winners of Funding Summit at BIO Digital 2021

PHILADELPHIA, July 8, 2021 /PRNewswire/ — ENRICH in the USA is happy to announce the winners of the Funding Summit throughout BIO Digital 2021. A complete of 10 world startups participated on the pitch competitors following a strict choice course of.

The audio system and judges (20) had been well-known buyers (angel networks, early-stage enterprise capital corporations, and R1 college incubators and accelerators), in addition to metropolis, state and US/EU governments/businesses representatives.

The highest winner (greatest rating of the 2 Zoom rooms) gained US$500.

The highest three startups in every class gained a direct entry to the ENRICH within the USA Virtual Landing Program (no interview and first month supplied) at high US analysis universities. These universities embody Temple College (PA), George Mason College (VA), UC Berkeley (CA), Cal Poly College (CA), and Purdue College (IN).

Biotech & Medtech:

• (First place) Keto Swiss – Basel, Switzerland | Biotech | www.keto.swiss | Keto Swiss is a Swiss biotechnology start-up that develops “mind fuels”, a product that improves mind energetics (“MigraKet”), as 1) nutraceuticals (dietary supplements) and a couple of) prescription drugs for the remedy of migraines. MigraKet is protected and comprises a human similar metabolite, near the foundation explanation for migraine, and in response to proof-of-concept information can be efficacious and with out including insupportable negative effects. In later levels of improvement, the portfolio will be prolonged to different neurological ailments characterised by metabolic dysfunction, comparable to Alzheimer’s Illness. The corporate is presently in search of US$10 million (presumably in two tranches of US$3 million and US$7 million) for additional scientific trials, product improvement & go to market | Elena Gross, CEO/CSO.
• (Second place) PlasFree – Nazareth, Israel | Medtech | www.plas-free.com | Plas-Free is a scientific stage firm specialised within the improvement and commercialization of significant fluid absorbent units for blood purification. The corporate has as strategic companion, one of many world leaders in dialysis, apheresis, blood transfusion merchandise – Asahi Kasei Medical (AKM). Plas-Free’s aim is to offer improved therapy to sufferers with its proprietary extracorporeal plasma adsorbent machine. Plas-Free’s first two merchandise goal two primary scientific indications with clear unmet wants: (1) CLearPlasma for large inside bleeding and (2) AAPC-300 for HyperAmmonia (liver cirrhosis). Plas-Free is a personal medical machine firm based in 2017. | Zeev Dvashi, CEO.
• (Third place) Brenus Pharma – Lyon, France | Biotech | https://brenus-pharma.com | The corporate develops allogeneic mobile vaccines to deal with most cancers because of its distinctive, patented and scalable expertise. The distinctive platform permits derisking methods with a number of candidate era, value and time efficient scale-up, non-competitive market entrance together with requirements of care, robust IP worldwide unfold and a extremely expert workforce backed by world-renowned MD oncologists from high most cancers institutes within the EU and US. | Sebastien Petitet, CBDO.

Digital Medical Units and Tools:

• (First place) HeartKinetics – Charleroi, Belgium | EMD | https://heartkinetics.com | Growing OKCARDIO, https://www.okcardio.com/ | OKCARDIO is a smartphone software and cloud synthetic intelligence for cardiac monitoring and diagnostic. Permits sufferers with potential coronary heart failure to be identified and grow to be engaged with common monitoring to make sure every day therapy follow-up and enhance the standard of their every day life. | Pierre-Francois Migeotte, CEO/Co-Founder.
• (Second place) IVis Applied sciences – Taranto, Italy | EMD | www.ivistechnologies.com | The iVis Suite, consists of {hardware} (Precisio®, pMetrics® and iRes™) and software program merchandise (CIPTA®, CLAT and iVerify®). iVis Suite makes use of innovative expertise to execute full automated, no-touch, distant managed, personalized refractive surgical procedure to optimize imaginative and prescient high quality and reduce surgical invasiveness for the therapy of corneal pathologies and refractive ailments. | Giuseppe D’Ippolito, CEO.
• (Third place) Adiposs – Geneva, Switzerland | EMD | https://adiposs.com Adiposs develops medical imaging merchandise and applied sciences for early detection of cachexia, a deadly physique losing syndrome. | Andrej Babic, CEO.

“We’re excited to acknowledge and have a good time once more this distinctive on-line format as the chosen excessive development startups from Europe (and related nations) showcased this time modern breakthroughs within the well being house,” mentioned Sebastien Torre, Director of San Francisco-based ENRICH within the USA Middle. “I additionally wish to thank Make investments EU, Enterprise Europe Community, Inexperienced & Spiegel and Angel Launch for his or her nice help and partnership. See you at our subsequent digital/hybrid Funding Summit!”

“When it comes to deal scouting, I prioritize discovering certified healthtech corporations which are within the right stage with a transparent aggressive benefit within the US market—which will be difficult. ENRICH’s Funding Summits are so invaluable, and much more so in context of the well being and life science focus of bio, as a result of they assist handle two of probably the most essential areas in an organization’s profitable entry within the US: streamlined connections with related buyers and entry right into a community of soft-landing facilities to maximise capital effectivity. Coming from the funding and enterprise aspect, this thought of method means we see a number of the most phenomenal applied sciences throughout Europe,” added Elizabeth Jennings, Board of Administrators, SWAN Impression Community; VP, SWAN Impression Fund; Principal, Enterprise Atlas Labs.

“The ENRICH occasions present a superb event to advertise the alternatives of latest Invest EU program amongst US buyers and establishments, and to study extra about US ecosystems,” mentioned Michael Feith, Coverage Officer, European Fee, DG ECFIN L2 – InvestEU Governance.

About ENRICH within the USA

Launched in April 2017, the mission of ENRICH (European Community of Analysis Innovation Centres and Hubs) within the USA (ENRICH in the USA) is to offer collaboration and commercialization help providers to European researchers and innovators (from the EU and Related Nations), and facilitate their entry to college centric Delicate Touchdown ecosystems, to maximise their probabilities of success in the US.

ENRICH within the USA, funded by the European Fee by means of Horizon 2020, is represented within the USA by Temple Small Business Development Center – Fox Faculty of Enterprise, based mostly in Philadelphia, PA, and NCURA based mostly in Washington, DC.

Maura Shenker, Director of the Temple College Small Enterprise Growth Middle, added “Temple SBDC is proud to be supporting this excellent group of profitable entrepreneurs from Europe collaborating at BIO Digital 2021, and we sit up for our robust collaboration with ENRICH within the USA to supply extra transatlantic providers and connections.”

About Temple College, SBDC

The Pennsylvania Small Enterprise Growth Facilities (SBDC) are the one statewide, nationally accredited program offering top quality, one-on-one consulting, coaching and data assets to empower new and present companies. The SBDC program is a public/non-public partnership with the US Small Enterprise Administration, the Pennsylvania Division of Group and Financial Growth and 16 universities and faculties throughout the Commonwealth. The Temple College SBDC is an outreach middle of the Fox Faculty of Enterprise and Administration at Temple College that has been serving Philadelphia and the encompassing communities since 1983. the extremely educated and skilled workers offers startup and small companies with skilled information and help. Its mission is to assist small companies develop and succeed.

Media Contact: Neal Leavitt Leavitt Communications (760) 639-2900 neal@leavcom.com 

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