Curveball Pitch Night
On May 28th, 2020, NEMIC held its first Curveball Pitch Night and first virtual pitch event with 3 startups pitching and 12 investors in attendance. Curveball at NEMIC is a play on and similar to their Softball Pitch Events.
Softball at NEMIC is a “soft” pitch event for startups, who are still in the development stage, to practice pitching to real investors to learn through investor feedback to hone their pitches, their decks, and their business development strategies. One of NEMIC’s goals is to help CEOs and startups continuously learn how to better themselves as a startup CEO, better their pitches for investment, and better their business for successful commercialization. Through NEMIC’s Softball Events, they can fulfill that goal with the support of real investors who are working and involved in the current industry. You can read more about past Softball events here.
Curveball at NEMIC is a pitch event for startups who are actively fundraising. During Curveball, startups receive 15 minutes for their pitch presentation and 10 minutes for Q&A from investors. Through this event, NEMIC looks to facilitate connections and relationships between the pitching startups and investors. The goal is to have the investors continue the conversation around investment with one or multiple of the startups who pitched.
Last week, NEMIC achieved that goal during the inaugural Curveball Pitch Night. 3 Rhode Island-based startups pitched to 12 investors, representing angel, venture and private funds/groups. Curveball sparked interest from 5 investment groups to continue conversations with the startups. NEMIC looks forward to learning how these relationships pan out and hope that the startups are invited to pitch to the groups in representation.
Meet the Startups
Lenoss Medical will provide the only biological solution to the technologically stale, spinal fracture market. We have developed a patent protected, safer implant technology for the treatment of painful spinal compression fractures. Their biological implant solution and instrumentation system reduces handling steps by 70% and is the only available option which promotes natural bone formation and fracture healing.
My MOC, Inc. has developed a SaaS platform to simplify the completion of continuous learning associated with Maintenance of Certification (MOC) and state licensing for healthcare professionals. Curated (type, duration, and number of credits) continuous medical education (CME) learning content is delivered on the platform as well, bringing all aspects of ongoing education to a single place.
SafeTap
Meningitis is a serious infection of the fluid surrounding the brain. Delay in the diagnosis of meningitis can lead to brain damage, deafness, cerebral palsy, and death. To tests for meningitis, a lumbar puncture (LP) must be completed, however around 25% of taps are unsuccessful or contaminated with blood due to the difficulty and position dependency of the procedure. SafeTaps device for infant stabilization could significantly improve success rates for this procedure, thereby improving care of infants, decreasing pain associated with the procedure, and reducing costs to the medical system.
Meet the Investors + Attendees
Greg Madden - SV Health Investors
Aaron Sadoski- Norwich Ventures
Thorne Sparkman - Slater Technology Fund
Wasim Malik- Iaso Ventures
Randy Barko- Ximedica
Jaymin Patel
Bill Foulkes
Guy Asadorian
Larry Flynn
Katharine Flynn
Lisa Carmel- Ximedica
Melissa Simon- Rhode Island Commerce
Christine Smith- Rhode Island Commerce
