Last deal

Amount

Non-equity Assistance

Stage

29.05.2024

Date

10

all rounds

$13.1M

Total amount

General

About Company
Solenic Medical develops a non-invasive treatment for infected metallic implants in the body.

Industry

Sector :

Subsector :

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Also Known As

Solenic

founded date

28.02.2019

Number of employees

Company Type

For Profit

Last funding type

Non-equity Assistance

IPO status

Private

Description

The medical device company uses alternating magnetic fields generated by external coils to eradicate biofilm on the surface of medical implants, which addresses a major complication of various surgeries such as knee and hip replacements, as well as in trauma-related implants such as plates and rods. Solenic's AMF technology has the potential to replace the expensive and risky two-step revision surgical procedure, which is the current standard of care for chronic infections on medical implants. Founded in 2019 in College Station, Texas by Rajiv Chopra and David Greenberg, Solenic is developing an innovative solution to a growing problem in an aging population with an increasing number of these procedures being performed every year.
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