Hunniwell Lake Ventures
3000 El Camino Real, Ste 200, Palo Alto, CA, 94306, United States
Overview
Hunniwell Healthcare Fund I invests in extensions of proven technologies within overlooked segments of the medical device space from the heart of Silicon Valley. It provides entrepreneurs with a longer runway to develop a more complete portfolio of products before monetizing their innovations. They leverage their entrepreneurial spirit, operational experience, and global networks to help companies achieve higher profitability earlier, through improved market access, greater capital efficiency in R&D, and lower manufacturing costs.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Health Care
- Medical Device
Investment portfolio
- CoapTech
Led · Series B · Sep 2020
CoapTech is a Baltimore medical device startup working on a system to place feeding tubes using ultrasound. Its flagship device, called PUMA-G, uses ultrasound and magnets to enable feeding tube placement. The device is designed to be completed by a clinician at the bedside rather than requiring a surgical setting. The concept grew from founder Dr. Steven Tropello's observation of patients waiting days for specialist placement. The company was founded by Dr. Steven Tropello, a critical care physician at the University of Maryland School of Medicine, and clinical innovation researcher Howard Carolan. CoapTech is continuing commercialization activities and recently raised $7 million in a Series B round.
Team
No current team members are available.