Tag: Renovo Concepts

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...
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...