California, Illinois and New York all boast their own health accelerators: Rock Health, Healthbox and Blueprint Health, respectively.
Now Minnesota is getting its own health accelerator — Inceptis LLC. Given the state’s historic strength in medical devices, it comes as no surprise that the accelerator is a medical technology accelerator primarily focused on Class II medical devices. The company founded by equal partners Daniel Sigg, a med tech executive with experience in R&D at Medtronic, and Devicix, a product development and engineering firm, will begin raising money in the fall with the goal of bringing in around $10 million to $14 million.
In a recent interview, Sigg, Inceptis’ CEO, said he believes that the “medical device market is huge, but the early stage pipeline is broken.” That is the problem that Sigg and Devicix hope to fix.
To read the full, original article click on this link: Med Tech accelerator launches in Minnesota with a focus on Class II medical devices | MedCity News
