Medtech Color recently announced the top 10 finalists for its 2022 Pitch Competition.
The Medtech Color 2022 Pitch Competition is a foundational start for medical technology, early-stage startups creating innovative technologies. It focuses on startups led by Black and Brown founders to showcase products and services that directly benefit patients.
- NeuGen Dx: an AI assistive medical device for vaginitis diagnosis
- AllergenIQ: a virtual allergy solution that addresses allergic conditions with a holistic perspective to democratize access and improve healthcare outcomes.
- Tab Diagnostics: a portable, non-invasive diagnostic salivary device for diabetics to improve access to care, quality and cost.
- Dialysis-X: an easy-to-use, needle-free access device for over 482,000 hemodialysis patients in the U.S.
- Candlelit Therapy: a digital therapeutic for new and expectant BIPOC patients at risk of postpartum depression or anxiety.
- Free From Marketplace: a digital health platform offering a curated food selection service and integrated educational support while measuring individualized health outcomes.
- Menstrual Mates: a reusable menstrual cup that inserts like a tampon.
- Medtech Solution: wound care technology that prevents lower extremity amputations from chronic non-healing wounds.
- SealCath: an innovative double-balloon catheter that saves time during colorectal procedures and increases hospital revenue.
- Diatech Diabetes: monitoring software that improves the efficacy, safety and automation of insulin delivery.
The competition received 75 submissions for its second annual competition. The finalists will receive $100,000 to $250,000 in non-dilutive funding and in-kind services, including curated masterclasses and workshops, membership to Medtech Color, special prizes sponsored by Johnson & Johnson Medical Devices Companies, Medtech Innovator, the California Life Sciences FAST Advisory Program and Harvard Catalyst Post Graduate Education Transcend Program.
“To address the disproportionate gap in venture funding, the MedTech Color Pitch Competition provides direct support to startups led by Black and Brown founders through capital funding and mentorship from industry leaders,” said Kwame Ulmer, Founder of MedTech Color. “Black entrepreneurs receive less than one percent of total venture funding. By providing resources to these innovative companies, we are leveling the playing field and ultimately changing the medtech industry to be more representative of the population served.”
A hybrid event will take place on March 8 to feature live pitches from the competing companies with a live Q&A session and deliberation from industry judges, who come from companies and organizations including Johnson & Johnson medical device companies, the National Institutes of Health and Olympus.
The in-person event will be held at Bioscience LA and includes lunch, refreshments and a networking opportunity. The top 10 pitch presentations will be live-streamed.