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California · Public charity

Medtech Innovator

MEDTECH INNOVATOR organizes and runs a global competition and virtual accelerator for medical device, digital health, and diagnostic startup companies.

$1.1M
Granted FY2025(still arriving)
10
Itemized grants FY2025
13
Organizations funded FY2024
92%
First-time grantees FY2024
Read the full brief
Itemized, FY2025
$545k
The rest is grants the schedule does not break out
Median grant, FY2025
$25,000
Largest grant, FY2025
$350,000
Organizations funded a year
3 to 13
FY2018 to FY2024
States reached, FY2025
5
Total assets, FY2025
$8.9M

How open it is to new grantees

In FY2024, 92% of the organizations Medtech Innovator funded were first-time grantees, receiving 54% of its grant dollars.

New vs renewed · share of each year

In FY2024, 46% of grant dollars renewed an existing relationship; $409k went to new ones.

50%100%’19’20’21’22’23’24
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving9$545k89%
FY202413$759k92%
FY202310$706k80%
FY202213$732k100%
FY20214$425k100%
FY20203$385k100%
FY20193$390k100%
FY20185$450kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2025.

Health$3.4MScience & Tech$995kArts & Culture$45k

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

WA
ID
IL
NY
MA
IN
PA
NJ
CT
CA
CO
WV
VA
MD
DE
AZ
KS
NC
GA
TX
FL

Top grantees

Largest recipients by total granted, FY2018 to FY2025, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Phiex Technologies$361,0002n/a
Strokedx$360,5002n/a
Alva Health$350,0001n/a
Day Zero Diagnostics Inc$350,0001n/a
Sana Health$350,0001n/a
Rhaeos$350,0001n/a
Samay$350,0001n/a
Forest Devices$350,0001n/a
Gennext Technologies$250,0001n/a
Machine Bio$200,0001n/a
Show all 56 grantees
All grantees of Medtech Innovator by total granted
GranteeTotal grantedYearsShare of their budget
Phiex Technologies$361,0002n/a
Strokedx$360,5002n/a
Alva Health$350,0001n/a
Day Zero Diagnostics Inc$350,0001n/a
Sana Health$350,0001n/a
Rhaeos$350,0001n/a
Samay$350,0001n/a
Forest Devices$350,0001n/a
Gennext Technologies$250,0001n/a
Machine Bio$200,0001n/a
Microtransponder$200,0001n/a
Allotrope Medical$50,0001n/a
Limax Biosciences Inc$37,5001n/a
Lief Therapeutics$35,0001n/a
Path Ex Inc$35,0001n/a
Ozlo (Drowsy Digital Inc)$35,0001n/a
Immersivetouch$35,0001n/a
Neurobionics$33,5002n/a
Koya Inc$25,0001n/a
Spect$25,0001n/a
Neurava Inc$25,0001n/a
Ifpx Medical$25,0001n/a
Cardiex USA (Atcor Medical)$25,0001n/a
Juniper Medical$25,0001n/a
Flow Medical Solutions Inc$25,0001n/a
Arsenal Medical Inc$25,0001n/a
Somnics Health$25,0001n/a
Biodevek$25,0001n/a
Caretaker Medical$25,0001n/a
Abreos Biosciences$25,0001n/a
Project Moray Inc$25,0001n/a
Alyve Medical Inc$25,0001n/a
Intermed Labs LLC$25,0001n/a
Cooler Heads Care$25,0001n/a
Brainspace$25,0001n/a
Evoendo$16,0002n/a
Nanowear$15,0001n/a
Clara Biotech$15,0001n/a
Vena Vitals$15,0001n/a
Photonicare Inc$15,0001n/a
Safebeat Rx Inc$12,5001n/a
Andson Biotech Inc$10,0001n/a
Epicypher$10,0001n/a
Aopia Biosciences Inc$10,0001n/a
Reelreactor Inc$10,0001n/a
Avisi Technologies Inc$10,0001n/a
Drop Genie$10,0001n/a
Celldom$10,0001n/a
Realseq Biosciences$10,0001n/a
Palmm$10,0001n/a
Sparta Biomedical Inc$10,0001n/a
Cell Chorus$10,0001n/a
Sanaheal Inc$10,0001n/a
Evren Technologies Inc$10,0001n/a
Glyphic Biotechnologies$10,0001n/a
Junebrain Inc$5,5001n/a

Compare Medtech Innovator with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Medtech Innovator?

Find your warmest path to Medtech Innovator through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Medtech Innovator

How much does Medtech Innovator give?
Medtech Innovator reported 10 itemized grants totaling $545,000, out of $1,060,000 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 3 and 13 organizations a year over FY2018 to FY2024.
What does Medtech Innovator fund?
By grant dollars over FY2018 to FY2025, its largest causes are Health (76%), Science & Tech (23%), Arts & Culture (1%).
Who are Medtech Innovator's largest grantees?
By total granted over FY2018 to FY2025: Phiex Technologies ($361k), Strokedx ($361k), Alva Health ($350k).
Does Medtech Innovator fund new organizations?
In FY2024, 92% of the organizations it funded were first-time grantees.
Where is Medtech Innovator based?
Medtech Innovator is based in CA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 56 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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