Fundraising Fox

NuXcel

8 known investors

NuXcel is a global medical device accelerator that founds and incubates bioelectronics and neuromodulation startups addressing large unmet clinical needs, using a lean innovation model. Operating with partner Treo Ventures, it has created companies such as ShiraTronics, Avivomed, iVEAcare, and iRiva Medical, with offices in Ireland, Minneapolis, and Silicon Valley.</parameter> <parameter name="founders">[{"full_name": "Mudit K. Jain", "title": "Founder and CEO"}, {"full_name": "Lynn Elliott", "title": "Founder and CTO"}]</parameter> <parameter name="hq_city">Minneapolis

Deep TechHealthtechMedical Devices

Investors · 8

Treo Ventures, Llc✓ verifiedMinneapolis
Amzak HealthreportedNew York
APERTURE Venture Partnersreported · 2 sourcesBoston · $1M – $5M
Norwest Venture Partnersreported · 2 sourcesMenlo Park · $10M – $30M
OSF VenturesreportedPeoria
U.S. Venture PartnersreportedMinneapolis

Also in the syndicate · 2

Serobathe Global BioAccess Fund

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Competitors · 3

by search overlap
Cqmedical14 shared keywordsCQ Medical develops patient positioning and immobilization products used in radiation therapy, including devices for brachytherapy, SBRT, SRS, and proton treatments. Its offerings serve oncology and radiotherapy clinicians treating cancer and conditions such as osteoarthritis.
Venturewell9 shared keywordsVentureWell is an organization that supports science and technology innovators through training, mentoring, funding, and networking programs to help them commercialize their research and solve complex global challenges.
Nuo Therapeutics9 shared keywordsNuo Therapeutics is a commercial-stage medical device company developing biodynamic therapies for wound care. Its flagship product, Aurix, is a hematogel that uses a patient's own platelets and plasma to promote healing.

Companies competing with NuXcel for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

iRiva Medical Closes Initial Financing Roundfinsmes.com · Nov 2025ShiraTronics Raises $66 Million in Oversubscribed Series B Financing to Advance Pioneering Treatment for Chronic Migraineprnewswire.com · Oct 2024Neuromod startup IVEAcare raises $27.5M, names CEOmassdevice.com · Apr 2024ShiraTronics raises $33m Series A for migraine neuromod program - MassDevicemassdevice.com · Oct 2019ShiraTronics Raises $33 Million, Adds CEO | Twin Cities Businesstcbmag.com · Oct 2019

Frequently asked questions

What does NuXcel do?
NuXcel is a global medical device accelerator that founds and incubates bioelectronics and neuromodulation startups addressing large unmet clinical needs, using a lean innovation model. Operating with partner Treo Ventures, it has created companies such as ShiraTronics, Avivomed, iVEAcare, and iRiva Medical, with offices in Ireland, Minneapolis, and Silicon Valley.</parameter> <parameter name="founders">[{"full_name": "Mudit K. Jain", "title": "Founder and CEO"}, {"full_name": "Lynn Elliott", "title": "Founder and CTO"}]</parameter> <parameter name="hq_city">Minneapolis
Who are NuXcel's investors?
NuXcel's investors include Treo Ventures, Llc, Amzak Health, APERTURE Venture Partners, Norwest Venture Partners, OSF Ventures, U.S. Venture Partners.