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HEALTHCARE | Medical Devices & Equipment / Surgical Devices
briteseed.com

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Stage

Unattributed VC | Alive

Total Raised

$690K

About Briteseed

Briteseed is a medical device company born out of the 2011-2012 Northwestern University NUvention: Medical Innovation program. The company's SafeSnips is a forward-thinking technology that puts sense into surgical cutting tools. By integrating blood vessel detection technology with existing surgical cutting tools, SafeSnips can find vessels at risk of uncontrolled bleeding even where tactile feedback is unavailable. By utilizing near-infrared (NIR) spectroscopy sensors integrated into the tips of cutting tools, such as energy devices, SafeSnips identify the presence and diameter of blood vessels in the immediate cutting area. The surgeon will be alerted via video monitors currently used in the operating room.

Briteseed Headquarter Location

4660 N Ravenswood Ave

Chicago, Illinois, 60640,

United States

312-624-8787

Latest Briteseed News

Insight Product Development Accelerator Member Wins MedTech Innovator Award Competition

Nov 21, 2014

Comments sought on revised medtech registration proposal in Brazil On November 17th Chicago start-up Briteseed outperformed 137 medical technology competitors at the 2014 Emerging Medical Technologies Summit in San Francisco to take first place in the MedTech Innovator Awards. Widely regarded among Silicon Valley investors and technology elites as the premier showcase for emerging medical device innovation, the win also positions Briteseed to move on to the final phase of the MedTech Innovator competition in 2015 and compete with other elite innovation finalists for a $125,000 cash prize. Briteseed is the inaugural member of Insight Product Development’s Accelerator Labs. “This latest industry distinction is clear evidence Briteseed’s technology is moving in the right direction to serve a considerable market need,” says Steve McPhilliamy, Director of Design at Insight Product Development, and Executive Director of Insight’s Accelerator Labs. “With each development milestone they’ve achieved, SafeSnips™ continues to become an increasingly compelling market solution to save lives and billions of dollars.” Currently being developed with the support of Insight Product Development through its Accelerator Labs, Briteseed’s award-winning SafeSnips™ innovation reduces accidental vessel injury and surgical risk by giving clinicians visualization within their tools. The company’s unobtrusive vessel detection technology is designed for integration into existing surgical cutting tools to facilitate real-time imaging of hidden blood vessels before vital cuts are made. As accidental vessel injury represents a multi-billion dollar healthcare problem today, this platform technology represents significant value to the market – with applications ranging from thermal ligature devices and clip appliers to surgical robotics and beyond. “Briteseed’s technology innovation was selected by the program judges, venture capitalists and industry professionals on the strong merit of its ability to improve surgical safety and patient outcomes while reducing costs,” said Paul Grand, Managing Director of RCT Ventures and MedTech Innovator competition producer. Briteseed President, Jonathan Gunn adds, “The sheer volume of exceptional competitors and industry expertise that surrounds this program has been particularly validating for us as a company.” The MedTech Innovator award win is the latest in a long series of Briteseed innovation accolades garnered for SafeSnips™ - including the distinction of Top 5 Entrepreneur by The Kauffman Foundation, Top Life Sciences Company in the U.S. in the Rice Business Plan Competition, Top 10 up-and-coming company by the Chicago Innovation Awards and winner of the Techweek LAUNCH competition, among others. To learn more about Briteseed or its SafeSnips™ technology, visit http://www.briteseed.com Media Contact:

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Expert Collections containing Briteseed

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Briteseed is included in 2 Expert Collections, including Medical Devices.

M

Medical Devices

7,884 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

H

Health Monitoring & Diagnostics

2,394 items

Companies developing or offering products that aid in the assessment, screening, diagnosis, or monitoring of a person's state of health/wellness. Excludes companies focused solely on fitness/sports performance

Briteseed Patents

Briteseed has filed 14 patents.

The 3 most popular patent topics include:

  • Surgery
  • Surgical removal procedures
  • Sensors
patents chart

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2/19/2016

11/3/2020

Surgery, Surgical instruments, Medical equipment, Surgical procedures and techniques, Surgical removal procedures

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Related Topics

Surgery, Surgical instruments, Medical equipment, Surgical procedures and techniques, Surgical removal procedures

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Briteseed Web Traffic

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