Illuminant Analysis: $500K Raised
What is Illuminant?
Illuminant Surgical builds Skylight, a real-time anatomical projection system for image-guided procedures. The platform combines precision tracking, dynamic anatomical projection, and non-invasive patient registration to display imaging directly on the patient. The company says its first production-equivalent systems are nearing rollout, and it has raised an $8.4 million seed round.
Location
5855 Green Valley Cir #101, Culver City, California 90230, United States
Employees
11-50
Founded
2021
Revenue
$2.4M
Product Features & Capabilities
- hands-free surgical navigation system, advanced computing for surgeons, real-time information display, improved patient care, technology designed for spine surgery
How much Illuminant raised
Pre-Seed - $500,000
August 22, 2022Lead Investor: Y Combinator, National Science Foundation, Plug and Play Tech Center, Crescent Fund, Dorm Room Fund
Who are the founders of Illuminant
EM
Eldrick Millares
CEO and Co-Founder
JH
James Hu
Co-Founder, Chief Product Officer
HQ Full Address
5855 Green Valley Cir #101, Culver City, California 90230, United States
Competitors Overview
Illuminant's main competitors in the surgical navigation technology market include:
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Origami Surgical: This company focuses on robotic surgery and has developed the StitchKit, which enhances robotic-assisted surgery by improving surgeon autonomy and efficiency. Their technology aims to eliminate lost needles and create a safer surgical environment, which may provide a notable advantage in terms of operational efficiency during procedures.
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Weavr Health: Originally known as Boston Microfluidics, Weavr Health specializes in blood collection devices that allow for remote self-collection. While their primary focus is not on surgical navigation, their innovative approach to healthcare technology emphasizes ease of use and accessibility, which could appeal to healthcare providers looking for integrated solutions.
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Nexxt Spine: This company manufactures spinal implants and instruments, focusing on increasing procedural efficiency and patient outcomes. Their commitment to high-quality manufacturing and innovative product development positions them as a strong competitor in the medical device space, particularly in spinal surgeries.
Each of these competitors has unique advantages, such as Origami Surgical's focus on robotic efficiency, Weavr Health's innovative blood collection solutions, and Nexxt Spine's comprehensive spinal product offerings, which may differentiate them from Illuminant's specialized surgical navigation technology.
Market Focus
Illuminant primarily focuses on the healthcare industry, specifically in the development of advanced surgical navigation technology to improve patient care during surgical procedures.
Investors
- National Science Foundation
- Plug and Play Tech Center
- Y Combinator
- Crescent Fund
- Dorm Room Fund
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