The Silicon Valley startup Morpheus Medical hopes to save lives by commercializing software for diagnosing heart failure from MRI scans. But because of trouble securing a visa, its plans almost ended last December.
“It would’ve been hard to continue the company if I had to go back to France,” says chief innovation officer Fabien Beckers, who had just helped three cofounders he met while at Stanford University land a $2 million investment. The new investors had put a condition on the term sheet: before the funds came through, Beckers had to get a visa.
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