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For medical devices, $20k might get a small team to prototype stage. There are a few "simple" medical devices that were developed to prototype level with minima
by neurotech1 16y ago
For medical devices, $20k might get a small team to prototype stage. There are a few "simple" medical devices that were developed to prototype level with minimal cash.
I work on EEG systems, and the prototype and related equipment costs less than $10k.
From what I've read, more than a few YC-backed companies get funding soon after demo day.
- jacquesm 16y agoNeat! Yes, that sort of thing I can see it work for, but it had better be very simple and not have to pass too many regulatory tests and clinical trials or you'd be talking about different quantities of cash pretty soon.