Solenic Medical is a medical device company founded to develop and commercialize a method for treating prosthetic joint infections (PJI). Solenic will leverage the unique properties of alternating magnetic fields (AMF) generated from external coils to eradicate biofilm on the surface of medical implants. This non-invasive treatment addresses a major complication of various surgeries, such as knee and hip replacements, as well as in trauma related implants such as plates and rods. This is particularly important given an aging population and the rapid increase in the number of these procedures being performed every year.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 06/20/23 | $5,100,000 | Series A |
Highpoint Ventures Johnson & Johnson Innovation  ShangBay Capital | undisclosed |
