Lenoss Medical raises $1.3 million to launch new spinal technology challenging the osseous healing paradigm

Lenoss Medical, a biomedical start up focused on physiological repair of osteoporotic spinal fractures has raised $1.3 million in a seed funding round from Cherrystone Angel Group, Slater Technology Fund, Walnut Ventures, Beacon Angels, River Valley Investors, Magpie Neurosurgical Innovation Fund and Mr. Hansjoerg Wyss.

Dom Messerli, President & CEO credits Rhode Island’s MedTech ecosystem for the company’s early progress, success, and initial fundraise, stating, “Rhode Island is quickly becoming a prime location for early-stage MedTech and digital health startups and entrepreneurs. With the support, programming, education, and connections to funding by non-profit industry leaders like the New England Medical Innovation Center (NEMIC) and RI Bio, startups can navigate the unique regulated developmental process and prepare for fundraising rounds.”

Read the details from New England Medical Innovation Center (NEMIC) here.