410 Medical Awarded Frost & Sullivan Entrepreneurial Company of 2021

February 6, 2021 | Abby Phillips

Frost & Sullivan, a California company specializing in business growth and development, has named Durham’s 410 Medical, Inc. as the 2021 Entrepreneurial Company of the Year in the global fluid resuscitation devices industry. The Durham company’s LifeFlow…

Deep Blue Medical Advances lures $3.44M in equity for hernia repair tech

February 5, 2021 | Abby Phillips

DURHAM — Deep Blue Medical Advances, which received FDA clearance to begin selling its hernia mesh product in August 2020, has increased its equity to $3.44 million, according to a regulatory filing. The company raised $1.57…

Red-hot edge computing startup in Raleigh lands $10M more from 20 investors

January 28, 2021 | Abby Phillips

RALEIGH – How hot is edge computing – and how hot is edge computing startup EDJX in Raleigh? So hot that 20 investors – at a minimum requirement of $200,000 per investor – have poured another $10.3 million…

Raleigh startup EDJX testing an edge computing platform that has company ‘drinking through a firehose’

November 6, 2020 | Abby Phillips

RALEIGH – EDJX, which offers distributed planet-scale edge computing, publicly beta launched its Edge delivery platform and raised $3 million in venture capital last month. Founded in March 2018, the 22-employee Raleigh-based startup raised a total…

Raleigh medical software firm Medicom looks to raise $3M

November 5, 2020 | Abby Phillips

RALEIGH – Medicom Technologies, a Raleigh-based startup developing software to improve medical care is looking to raise as much as $3 million. According to a securities filing, the firm has closed on $1.25 million dating back to…

Durham medtech startup 410 Medical receives FDA clearance for fluid administration device

November 3, 2020 | Abby Phillips

DURHAM – Durham startup 410 Medical has received U.S. Food and Drug Administration (FDA) 510(k) Clearance for its LifeFlow PLUS Blood and Fluid Infuser (LifeFlow PLUS). This device was modeled after the company’s original LifeFlow Fluid Infuser…

Female execs at 2 Triangle startups bring new ideas to virtual exercise, recycled clothing

October 22, 2020 | Abby Phillips

RESEARCH TRIANGLE PARK – Two young women entrepreneurs are helming unique Triangle-based startups that are weathering the pandemic crisis well. Emily Neville is founder and CEO of Reborn Clothing, company, which turns textile waste into new garments. …

Edge computing startup EDJX in Raleigh lands $6.4M from investors

October 22, 2020 | Abby Phillips

RALEIGH – EDJX, a new venture in Raleigh focused on so-called “edge computing,” has $6.4 million in new cash after tapping 19 investors. In a debt raise with funds to be used for “general operations,” EDJX disclosed the…

Spiffy Partners with SparkCharge to Deliver On-Demand EV Charging

October 20, 2020 | Abby Phillips

Get Spiffy, Inc. (SpiffyⓇ), an on-demand car care, technology, and services company, today announced a partnership with SparkCharge to deliver on-demand electric vehicle charging. The Roadie portable charging system by SparkChargeⓇ fights the problem of…

IBM and The Climate Service to Work Together with Financial Institutions and Corporations to Assess the Cost of Climate Risk

October 14, 2020 | Abby Phillips

ARMONK, N.Y. and DURHAM, N.C., Oct. 14, 2020 /PRNewswire/ — IBM (NYSE: IBM) and The Climate Service (TCS), a leader in climate risk analytics for investors and businesses, today announced their alliance to work with financial institutions and corporations to better measure and quantify…