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Surgicure Technologies Announces $1.785 Million Seed Round to Revolutionize Airway Management

Surgicure Technologies Announces $1.785 Million Seed Round to Revolutionize Airway Management

March 19, 2025 Craig Etkin

Funding Fuels Development of Life-Saving Innovation to Replace Outdated Airway Securing Methods

BOSTON–(BUSINESS WIRE)–Surgicure Technologies, a female-owned and operated company dedicated to advancing airway management and patient safety, today announced the closing of a $1.785M Seed funding round led by Launchpad Venture Group (LVG) with major contributions from Gurtin Ventures, alongside participation from BakerBridge Capital, TiE Angels, SBXi, Beacon Angels, SideCar Angels, Tidal River Fund and BBE Ventures. This investment will accelerate the commercialization of Surgicure’s flagship product, the Horseshoe™, designed to improve the quality and safety of patient care across diverse medical settings.

Founded in 2019 by Irena King, Surgicure Technologies is on a mission to reduce adverse events in airway management by introducing devices that optimize patient breathing and streamline clinical workflows. Originally invented by army respiratory therapists and now re-designed by Irena, the company’s flagship product, the Horseshoe, is a novel patented solution for more reliable ET tube securement, prevention of facial pressure injuries, and more effective oral care. This technology not only improves clinical outcomes but also offers cost savings and device versatility in critical care, burn/trauma scenarios, and during evacuation or transport.

“This investment marks a transformative moment for Surgicure Technologies,” said Irena King, CEO & Founder of Surgicure Technologies. “The industry is poised for disruption as the current practices for securing life-sustaining breathing tubes often rely on flimsy tape, leading to potential complications such as cardiac arrest, brain damage, and a 30% rate of preventable deaths. Our breakthrough solution is designed to tackle these challenges head-on, driving substantial improvements in patient outcomes.”

“At Launchpad Venture Group, we are thrilled to lead Surgicure’s oversubscribed Series Seed round and support their efforts to bring innovative, patient-specific surgical solutions to market,” said Ian Levine, Managing Director, Launchpad Venture Group. “Surgicure’s technology addresses critical unmet medical needs, including preventing unintended and accidental extubations – a serious and preventable cause of complications and mortality. We believe Surgicure has the potential to set a new standard of care, and we are excited to partner with their talented team to help make that vision a reality.”

For more information, please visit www.surgicuretech.com.

About Surgicure Technologies, Inc.

Surgicure Technologies, Inc., is a medical device company committed to improving patient care through innovative solutions. We specialize in airway management for both civilian and military applications, enabling healthcare professionals to enhance patient outcomes by reducing adverse events. Our solutions are designed to optimize breathing support, accelerate deployment, and elevate the safety and quality of care, ensuring better results in critical situations. Surgicure is dedicated to setting new standards in healthcare through groundbreaking inventions and advanced technology designed to better serve clinicians and their patients.

Contacts

Media:
Alexis Matsas
alexis@aepr.co
617-797-3594

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Boston, Business Wire, Massachusetts, Surgicure Technologies, Venture Capital

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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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