Company Culture
Health / Investing / Jobs / Startups

Vasoptic Medical gets $250K investment from Abell Foundation

And completes its move into the city.

Ping-pong at Mindgrub HQ in 2015. (Courtesy photo)

Bye bye, ‘burbs. Vasoptic Medical is officially a city company now.
The medical device startup, which is making a device that allows primary-care doctors to give diabetes patients eye exams rather than making an extra trip to the eye doctor, completed its move from Columbia to Locust Point. The company’s new office is within Mindgrub’s climbing-wall-outfitted space near McHenry Row.
Earlier this summer, Vasoptic CEO M. Jason Brooke told us the move would help the company be closer to Johns Hopkins University and the University of Maryland School of Medicine, where the company is testing the device. He also believes the location will help in recruiting since it is close to other tech companies, amenities and interstate access. And let’s be honest: Mindgrub has a climbing wall.

Mindgrub

Did we mention the climbing wall? (Photo courtesy of Mindgrub)


Vasoptic is also riding into the city with new funding. The Abell Foundation invested $250,000 in the company, Brooke said. The money will help the company further develop and test the device.
“As a highly innovative company focused on improving the quality of accessible healthcare, Vasoptic is a great example of the type of company we want to see locate in Baltimore,” said Abell Foundation President Robert C. Embry, Jr. “The company is poised to significantly increase access to affordable, quality eye care and will contribute to the growth of Baltimore’s thriving tech industry.”

Companies: Vasoptic Medical / Abell Foundation

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

Our services Preferred partners The journalism fund
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

Major state funding boost means more Maryland college students can get tech internships

Cal Ripken Jr. essay: The MLB legend explains his drive to build STEM centers in schools across the nation

From quantum to biotech, meet this year’s Maryland Tech Council ICON nominees

He started at Neya as an intern. 10 years later, he’s director of robotics — and loving life

Technically Media