Eastern Bank is the corporate sponsor for a year-long series of ‘Shark Tank’ medical device venture pitch events. The most recent one took place on Wednesday, October 30th in the board room at M2D2’s innovation hub in front of a full audience. From a field of over 20 Massachusetts medical device start-up company applicants, 5 were chosen to make presentations to the panel.
Panelists were angel investors from Boston Harbor Angels and from Mass Medical Angels. Pitching their medical device inventions were Frederic Bourgeois from Nanopulse Biosciences, Bob Thompson from Vista Scientific, Donna Brezinski from Little Sparrow Technologies, Mark Mendel from Flow Forward Medical, and Jeff d’Agostino from 206 Ortho.
In addition to drilling the presenters on their anticipated funding needs, the investors also asked tough questions about the medical significance of their inventions, details about their business models, and status of their intellectual property.
The next event in the venture pitch series is expected to take place in January 2014.