Catchwind Innovations, a Minneapolis-based healthcare innovation company, and VantEdge Ventures, a Chicago-based innovation firm and venture fund, have announced a strategic partnership to foster medical innovation. Catchwind Innovations accelerates and provides visibility to the development path for healthcare technology and medical device startups from concept to commercialization. Its proprietary system and revolutionary approach connects entrepreneurs at any stage to the expertise, resources and investments at the right time, also allowing startups the ability to foresee industry challenges and roadblocks early on in development.
The VantEdge Ventures is focused on developing the Midwest into a healthcare innovation ecosystem by leveraging strategic partnerships including University of Notre Dame’s IDEA Center. The famed Notre Dame Idea Center was built to help identify, incubate and commercialize internal health system innovations, and it has become the cornerstone of the burgeoning medical innovation movement. The $50MM fund features a $5M Physician Syndicate and invests in early-stage innovations harvested from health system members participating in a collaborative alliance.
“This partnership will help our investors, physicians and innovators to more seamlessly innovate and commercialize,” said Kyle Hathaway, managing partner and co-founder of VantEdge Ventures. “Sourcing meaningful innovations that are able to reduce costs while improving overall patient care is the most important focus in health care right now. Partnering with Catchwind will give us greater reach and ability to bring forward sustainable innovations that will have a true impact on the entire market.”
