The Festo-MassRobotics Healthcare Robotics Startup Catalyst program celebrates the milestones achieved by this system’s 4 chosen world startups on the Healthcare Robotics Engineering Discussion board. Key life sciences and robotics audio system to guide the occasion.
The profitable Healthcare Robotics Startup Catalyst program got here to an finish on April seventh, 2022. The concluding ceremony will likely be held on the Healthcare Robotics Engineering Discussion board, Boston Conference and Exhibition Middle, on Could 11, 2022. The occasion consists of a formidable line-up of audio system: Fady Saad, Co-founder & Vice President of Strategic Partnerships at MassRobotics; Alfons Riek, Vice President of Know-how and Innovation at Festo; Kendalle Burlin O’Connell, President & Chief Working Officer at MassBio; Kenn Turner, President and CEO at Mass Life Sciences Middle; and Brian Johnson, President at MassMedic. All 4 chosen startup corporations, Kinarm (Canada), Assistive Know-how Growth Inc. (United States), Eureka Robotics (Singapore), and Bionomous (Switzerland ) will, in flip, promote their corporations, together with their merchandise and repair choices. They may also be demonstrating their applied sciences on the occasion’s expo flooring.
In October 2021, MassRobotics, Festo, and different key gamers in healthcare robotics, launched a Startup Catalyst Program to advance healthcare robotics corporations around the globe, by offering the networking alternatives, steerage, and sources they should develop and succeed. The goal of this system was to attach healthcare robotics startups with prospects, buyers, suppliers, advertising and marketing, and general help. This system centered on startups within the areas of scientific care, public security, laboratory, provide chain automation, out-of-hospital care, high quality of life, in addition to continuity of labor and schooling, and coaching and help for healthcare professionals.
Greater than 30 corporations utilized from everywhere in the world, and the choice committee invited 4 to hitch in this system. The taking part startups accomplished spectacular milestones, as detailed under:
- Eureka Robotics develops and commercializes cutting-edge robotics and synthetic intelligence (AI) applied sciences to automate high-accuracy, high-agility duties. Eureka is presently finishing fundraising rounds in Japan by connections offered by program mentors. Eureka was launched to MassRobotics accomplice, Mitsubishi Electrical, and signed a worldwide partnership with Mitsubishi as a platinum accomplice. This system helped the corporate’s management to discover engaging functions in surgical lenses manufacturing know-how, which is an extension to its concentrate on conventional manufacturing.
- Bionomous offers laboratory tools to automate the screening, sorting, and pipetting of miniature organic entities for extra moral and quicker analysis in life science. CEO Frank Bonnet stories that with the help of the Catalyst Program, Bionomous was in a position to run a pilot program within the US, resulting in the corporate’s first gross sales exterior Europe. This satisfied Bionomous to develop into the US market and arrange workplaces within the MassRobotics area in Boston. Bonnet emphasised the significance of this system’s mentors, who linked them to key trade leaders to open potentialities for future partnerships.
- Assistive Know-how Growth Inc. is an American startup devoted to at-home bodily remedy options which might be operable at a low value and all the time accessible to rural sufferers and people who want nearer monitoring for restoration. The corporate got here into this system with three targets: 1) start its first pilot examine in a scientific setting; 2) downsize the actuation unit to a wearable kind, and three) increase capital. CEO Todd Roberts stories that with assist from this system, the corporate has accomplished the primary two milestones and is making progress on the third. It should start section I of a pilot examine with UCHealth, a not-for-profit well being care system, headquartered in Aurora, Colorado, on April twenty fifth, permitting the corporate to current preliminary outcomes on the keynote occasion on the Healthcare Convention. The examine will assess the early scientific efficacy and accumulate affected person and clinician suggestions. Assistive’s actuation unit has been downsized by 70%, from a big, wall-powered, benchtop system to a wearable, battery-powered system that can allow the corporate to finish the pilot. Lastly, Assistive is within the strategy of elevating capital and has begun diligence with two corporations.
- Kinarm makes use of robotic arms to offer an goal evaluation methodology to determine, measure, and monitor cognitive motor or sensory impairments ensuing from damage or illness. Kinarm labored with assigned mentors from the robotics ecosystem who offered introductions to trade leaders who responded with “jaw-dropping, you-can-do-that?” exclamations, stories Anne Vivian-Scott, CEO. Vivian-Scott was additionally launched to skilled healthcare robotics leaders who will collaboratively support Kinarm as the corporate scales its options. Vivian-Scott provides, “What we gained was not particular data that may be encoded into our product, however path. Fairly frankly, most different applications aren’t ‘sufficiently vested’ within the participant’s enterprise/alternative to have the ability to provide such suggestions.”
“I’m grateful to Festo’s pioneering work to help our efforts to search out world disrupting functions and startups in such a human-care discipline like healthcare, together with life science, biotech, and medical gadgets,” mentioned Fady Saad of MassRobotics.
“I’m impressed with the standard of functions we obtained, and the distinctive construction of this system that allowed us to pick out such modern corporations and match them with world-class advisors,” mentioned Festo’s Alfons Riek. “Definitely, we’re excited concerning the networking alternatives opened to those corporations and to presenting them to the world as nice examples of the ability of using robotics in healthcare.”
MassRobotics, Festo, and extra firms plan to launch the second model of this system by July 2022 to construct on the applications’ wonderful momentum and influence.
ABOUT MassRobotics: MassRobotics is the results of the collective work of a bunch of engineers, rocket scientists, and entrepreneurs with a shared imaginative and prescient to create an innovation hub and startup cluster centered on the wants of the robotics and IoT neighborhood. MassRobotics’ mission is to assist create and scale the subsequent technology of profitable robotics and linked gadgets corporations by offering entrepreneurs and modern robotics/automation startups with the workspace and sources they should develop, prototype, take a look at, and commercialize their merchandise and options. See www.massrobotics.org for particulars.
About Festo: Festo is a worldwide participant and an unbiased family-owned firm with headquarters in Esslingen am Neckar, Germany. Festo has set requirements in industrial automation know-how and technical schooling ever since its institution, thereby making a contribution to the sustainable growth of the atmosphere, the financial system, and society. The corporate provides pneumatic and electrical automation know-how to 300,000 prospects of manufacturing facility and course of automation in over 35 industries. The LifeTech sector with medical know-how and laboratory automation is changing into more and more vital. The services can be found in 176 international locations. With about 20,000 staff in over 250 department workplaces in 61 international locations worldwide, Festo achieved a turnover of round €2.84 billion in 2020. Annually round 8 % of this turnover is invested in analysis and growth. On this studying firm, 1.5 % of turnover is invested in fundamental and additional coaching. Festo Didactic SE is a number one supplier of technical schooling and coaching and presents its prospects worldwide complete digital and bodily studying options within the industrial atmosphere.