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20 medical device startups you need to know

April 13, 2018 By Chris Newmarker

RxFunction Walkasins

[Image courtesy of RxFunction]

RxFunction

Eden Prairie, Minn.

Founded: 2010

rxfunction.com

RxFunction is a medical wearable startup that recently raised $7.5 million in Series A funding as it prepares for market launch of its Walkasins wearable sensory prosthesis. The round was led by Edina, Minn.–based Cedar Point Capital, a boutique investment banking firm. The money will help RxFunding through FDA registration, funding the next clinical trial in the U.S., and building the organization so that it is ready for commercialization.

Walkasins have two components – a leg unit and a foot pad. The insoles measure the user’s foot pressure and give immediate gentle and tactile sensory cues so that they can control balance and stability, according to the company.

–Chris Newmarker, Managing Editor

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  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Med Tech Resources
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
    • The Big 100
    • Webinars / Digital Events
    • Whitepapers
    • Video
  • 2022 Leadership in MedTech
    • 2022 Leadership Voting!
    • 2021 Winners
    • 2020 Winners
  • Women in Medtech