/Companies

Hyalex

Lexington, US · Founded 2016 · Delaware corporation · 24 employees on LinkedIn · 4 known investors

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HYALEX Orthopaedics develops a synthetic cartilage platform for joint repair in orthopaedic surgery. The company aims to restore damaged joints for patients undergoing surgical intervention.

Founders & leadership

CVCarl Vause
Carl VauseChief Executive Officer, President, DirectorCarl Vause is a former CEO of Soft Robotics Inc. and has held senior roles at 3M, Nestlé, and Smith & Nephew. He holds a BSEE from Virginia Military Institute and an MBA from London Business School, and served as a Naval Flight Officer in the United States Navy.
MSMira Sahney
Mira SahneyPresident, CEO and Board Member2017–2021Mira Sahney has held executive and CEO roles at life sciences companies spanning aerospace, automotive, and industrial equipment sectors, with P&L responsibility across startups and established organizations. Her background includes leadership positions at Medtronic and Smith + Nephew, where she drove business turnarounds and growth initiatives, along with earlier success scaling healthcare businesses.
DMDavid Myung
David MyungNamed on SEC filing

Board

MH
Michael HawkinsBoard director
WHWende Hutton
Wende HuttonBoard directorGeneral Partner at Canaan Partners
WHWilliam Harrington
William HarringtonBoard directorManaging Partner at OUP (Osage University Partners)
BVBrad Vale
Brad ValeBoard directorFounding General Partner at Treo Ventures, Llc
VK
V. Kadir KadhiresanBoard director
AGAdam Gridley
Adam GridleyMember Board of DirectorsExecutive Officer, Director at Allay Therapeutics

Investors · 4

Funding

SEC filings, press & company announcements

$45.5M disclosed across 2 of 3 rounds · 2017–2024

▶$14.9MraisedOct 2024 · 7 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael HawkinsDirector
  • Adam GridleyDirector
  • Wende HuttonDirector
  • David MyungDirector
  • William HarringtonDirector
  • Brad ValeDirector
  • Carl VauseExecutive Officer, Director
Offering amount
$18.1M
Amount sold
$14.9M
First sale
Sep 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$30.6MraisedJul 2021 · 22 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • V. Kadir KadhiresanDirector
  • Mira SahneyExecutive Officer, Director
  • Brad ValeDirector
  • Michael HawkinsDirector
  • Wende HuttonDirector
  • David MyungDirector
  • William HarringtonDirector
Offering amount
$34.9M
Amount sold
$30.6M
First sale
May 2017
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 3

Companies working in the same space as Hyalex.

In the news

Frequently asked questions

What does Hyalex do?
HYALEX Orthopaedics develops a synthetic cartilage platform for joint repair in orthopaedic surgery. The company aims to restore damaged joints for patients undergoing surgical intervention.
Who are Hyalex's investors?
Hyalex's investors include Canaan Partners, OUP (Osage University Partners), Treo Ventures, Llc, Johnson & Johnson Innovation – JJDC.
How much funding has Hyalex raised?
Hyalex has disclosed $45.5M raised across 2 of its 3 known rounds.
Where is Hyalex headquartered?
Hyalex is headquartered in Lexington, US.