, ,

Flow Forward Medical raises additional $1.3M

May 18, 2015  |  Bobby Burch

Flow Forward Medical boosted its latest funding round to further develop its device that helps improve outcomes for hemodialysis patients.

The Olathe-based company closed a $1.3 million round of additional Series A financing led by the Kansas Bioscience Authority. Flow Forward previously raised $4.4 million, bringing its total funding raised to date to about $5.7 million.

Flow Forward created the AFE blood pump system, which is designed for temporary use to quickly dilate peripheral veins through flow-mediated vascular remodeling prior to arteriovenous fistula surgery. In addition to mitigating care costs, the device reduces morbidity and mortality in hemodialysis patients.

Flow Forward also announced that it will receive a $225,000 Phase I Small Business Innovation Research grant from the National Institutes of Health. The grant will help fund testing on peripheral vein dilation with the AFE System prior to AVF creation in a nonclinical model.

Flow Forward is a spinoff of CEO Nick Franano’s previous company, Novita Therapeutics. To learn more on Flow Forward and its device, click here.

Tagged , , , ,
Featured Business
    Featured Founder
      [adinserter block="4"]
      1738947381552

      Bobby Burch

      2015 Startups to Watch

        stats here

        Related Posts on Startland News

        Schukman: 5 reasons why KC is the capital of social entrepreneurship

        By Tommy Felts | May 18, 2015

        Take a walk in Kansas City’s startup scene and you’ll quickly hear something about KC’s devotion to becoming America’s most entrepreneurial city. This mantra is on everyone’s lips, from city leaders to corporate tycoons to scrappy startup founders. It’s amazing that in five years our city has created such clarity of purpose that millenials populating…

        KC Digital Drive creates lab to test drive gigabit apps

        By Tommy Felts | May 18, 2015

        Ever since Google Fiber announced Kansas City as its first fiber project, techies across the nation have wondered how gigabit Internet will shape a new wave of innovation and how the city would tap its new infrastructure. And thanks to a new KC Digital Drive initiative, Kansas Citians may have an up-close look at the…

        New UMKC center to engage entrepreneurs, community

        By Tommy Felts | May 15, 2015

        The University of Missouri-Kansas City recently solidified funds to build an innovation center to serve a broader set of students and the Kansas City community. The $14.8-million Robert W. Plaster Free Enterprise Center will feature a variety of resources for students and the larger business community, including a lab, rapid prototyping equipment, 3D printers and…

        Claimkit snags ‘aspirational entrepreneur’ award

        By Tommy Felts | May 15, 2015

        Overland Park-based tech startup ClaimKit recently was dubbed 2015’s most “aspirational entrepreneur” by the Greater Kansas City Chamber of Commerce. Founded in 2011, Claimkit created a contract management platform for insurance companies, law firms and consulting groups to help them more efficiently collect and analyze documents. Now with five full time staff, the company in…