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Zavain Dar, Lux Capital
Altitude Lab, a healthcare and life sciences incubator founded in 2020 by Recursion and The University of Utah s PIVOT Center, fills the critical role of attracting and supporting underrepresented entrepreneurs. The incubator focuses on developing diverse and inclusive businesses to innovate lower cost, higher quality, and more accessible healthcare solutions. Altitude Lab s first cohort includes nine minority or women founders, who are tackling everything from personalized chemotherapy strategies and cancer therapeutics to developing novel platforms to diagnose and triage liver disease. Lack of access to top-tier investors is a crippling gap for founders in nontraditional geographies or of underrepresented backgrounds, explained Chandana Haque, executive director of Altitude Lab. Support from experienced investors can completely change the trajectory of a startup. It s our mission to connect founders from all backgrounds to the capital and resources that
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SALT LAKE CITY, Dec. 15, 2020 /PRNewswire/ ReddyPort, a medical technology company focused on bringing non-invasive ventilation (NIV) products into the market, announced it raised Seed Funding to support product launch in 2021. Tony Lair, the former CEO of NeoMed (acquired by Avanos), led the investment round with participation from existing and new investors including Spring Bay Ventures and MedMountain Ventures (MMV). Tony Lair will join ReddyPort s Board of Directors.
Patients on non-invasive ventilation experience dry mouth, phlegm build-up, and the inability to speak and be clearly heard. These unmet needs continue to grow through COVID-19. Removing non-invasive ventilation masks can lead to airway and alveolar collapse
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