Corinth MedTech is a technology company.
Corinth MedTech has raised $12.0M across 1 funding round.
Corinth MedTech has raised $12.0M in total across 1 funding round.
Corinth MedTech is a medical device company headquartered in San Jose, California, specializing in urological device solutions. Its flagship product, the Veloxion System, incorporates Velo360 technology and is designed to treat symptoms of Benign Prostatic Hyperplasia (BPH) and bladder tumors. The Veloxion System is notable for being the first single-use resectoscope cleared for transurethral resection of the prostate (TURP), addressing a significant unmet need in urology with an innovative, cost-effective approach. The company targets healthcare providers treating male patients with prostate enlargement and bladder tumors, aiming to improve procedural outcomes and reduce infection risks associated with reusable instruments. Corinth MedTech is in the commercialization phase, having launched evaluation programs and preparing for broader market entry[1][2][3].
Corinth MedTech was founded with the mission to innovate in the urology medical device space by developing safer, more effective tools for prostate and bladder treatments. While specific founding year and founders' details are not publicly detailed, the company has evolved its focus around the Veloxion System, leveraging bipolar transurethral resection technology to improve clinical outcomes. Early pivotal moments include obtaining FDA clearance for the Veloxion System and initiating evaluation programs with medical institutions, marking critical steps toward commercial adoption[1][2][4].
Corinth MedTech operates at the intersection of medical device innovation and urological healthcare, riding the trend toward single-use, disposable surgical instruments that enhance patient safety and procedural efficiency. The timing aligns with increasing regulatory and clinical emphasis on infection control and cost reduction in healthcare. Market forces such as aging populations with rising BPH prevalence and demand for minimally invasive procedures support growth. By introducing novel single-use technology, Corinth MedTech influences the broader ecosystem by pushing competitors and healthcare providers toward safer, more efficient urological interventions[1][2].
Looking ahead, Corinth MedTech is poised to expand its market presence as it moves beyond evaluation programs into full commercialization. Trends shaping its journey include growing adoption of single-use devices, advances in bipolar resection technology, and increasing global demand for urological treatments. The company’s influence may grow as it establishes clinical evidence and cost benefits, potentially setting new standards in urological surgery. Continued innovation in TURBT applications could further broaden its impact, positioning Corinth MedTech as a key player in transforming urological care delivery[1][2][3].
Corinth MedTech has raised $12.0M in total across 1 funding round.
Corinth MedTech's investors include Shangbay Capital.
Corinth MedTech has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Series D in June 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2019 | $12.0M Series D | Shangbay Capital |