Tag: Corey Levenson

Allosense Receives San Antonio Biomedical Seed Funding for Military Medical Innovation
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Allosense Receives San Antonio Biomedical Seed Funding for Military Medical Innovation

Allosense, a startup company producing internet-of-things or IoT tracking devices, will receive $25,000 from the San Antonio Military Medical Innovation (SAMMI) Fund.The City of San Antonio established the fund in December 2019 to support local companies commercializing discoveries in medical devices, new drugs, and biotechnology and biomedical software that can meet military medical mission needs.This is the first $25,000 round of SAMMI investment for Allosense. The company provides an easy way for companies or organizations looking to integrate smart sensors for tracking assets. The asset trackers are cell phone-sized devices that are always in communication, either on-demand or via a data stream. The startup is developing a next-generation version of its tracker small enough to...
Applications Open for SAMMI, a San Antonio Biomedical Seed Fund for Military Medical Collaboration
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Applications Open for SAMMI, a San Antonio Biomedical Seed Fund for Military Medical Collaboration

San Antonio is investing in innovators who are commercializing discoveries in medical devices, new drugs, and biotechnology and biomedical software that can meet military medical mission needs. The San Antonio Military Medical Innovation (SAMMI) Fund has opened applications for its bioscience startup seed fund.If chosen, each company will receive up to a $50,000 award in the form of a convertible promissory note with a three-to-five-year term, depending on the loan amount and current stage of the company, said Corey Levenson, the city's military medical innovation director. Levenson helps coordinate and align economic development strategies with San Antonio's unique military medical assets.The financial terms will be determined on a case-by-case basis, depending on the maturity of ...
New San Antonio Biomedical Seed Fund Invests $150,000 in Local Innovators for Military Medical Collaboration
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New San Antonio Biomedical Seed Fund Invests $150,000 in Local Innovators for Military Medical Collaboration

A fund created to help support San Antonio biomedical companies announced its first recipients Friday. The San Antonio Economic Development Corporation (SAEDC) has chosen EmergenceMed, GaitIQ, and Renovo Concepts as the first recipients of financial support from the San Antonio Military Medical Innovation (SAMMI) Fund.The City of San Antonio established the fund in December 2019 to support local companies commercializing discoveries in medical devices, new drugs, and biotechnology and biomedical software that can meet military medical mission needs.The SAEDC board approved Tuesday $50,000 awards for each of the three biomedical innovators looking to collaborate with the military medical community, said Corey Levenson, the city's military medical innovation director.SAEDC creat...
MIOSA Links Medical Industry Startups to Resources
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MIOSA Links Medical Industry Startups to Resources

Not all medical or health-related technology companies are large—even the big pharmaceutical or medical device companies once launched as a small life science startup. For these science-focused entrepreneurs looking to make an impact on the medical industry, the costs for specialized lab space and equipment coupled with the challenge of finding scientific staff with specific expertise, often cannot be bootstrapped with one’s personal resources.San Antonio scientists who are also experienced founders established a private group to help local medical entrepreneurs overcome the challenges of developing a medical industry startup. The focus of MIOSA, or the Medical Industry Organization of San Antonio, is to foster collaboration between scientists and health care professionals and those in...