Key Points
- In this video blog, the Foundation’s Director of Commercial Initiatives and Strategy shares insights into focused ultrasound product development and fundraising.
- The vlog is intended for existing company leaders and entrepreneurs who are considering starting their own company.
More than $30 million in capital and at least 5 to 10 years are required to develop a focused ultrasound product. In this video blog titled “Funding a Focused Ultrasound Product,” the Foundation’s Commercial Initiatives and Strategy Director, Cindy Clark, provides a high-level overview of the entire product development and the fundraising process. The vlog is geared toward entrepreneurs considering starting their own company, existing company leaders, and those seeking more information on the challenges companies in this field face.
What types of investors provide investment capital to a focused ultrasound company? What is needed to successfully raise money at different value inflection points? Those answers as well as insights on how to effectively navigate the fundraising process are included.