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Fairport New York based Turbett Surgical is raising $1,000,000.00 in New Equity Investment.

Fairport New York based Turbett Surgical is raising $1,000,000.00 in New Equity Investment.

March 14, 2022 Craig Etkin

Fairport, NY – According to filings with the U.S. Securities and Exchange Commission, Turbett Surgical is raising $1,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Jay Schainholz played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Turbett Surgical
Turbett Surgical is committed to delivering instrument processing solutions to hospitals and surgery centers. our patented Instrument Pod increases throughput and dramatically reduces the OR turnover time. Dedicating an OR room to the Instrument Pod increases that rooms capacity by 12%, allowing an extra surgery per day. When an OR is dedicated to using Instrument Pods, the cumulative time saved in room turnover results in enough time to add a surgery per day. The Instrument Pod eliminates delays due to holes in wrap, meaning surgeons can be more productive, ensuring on time starts. This satisfies surgeons and is great for patient satisfaction scores. Using the Instrument Pod to turn over surgery sets results in being able to do more with fewer sets, reducing inventory requirements. We have our TS1500 for Large sterilizers, and now a TS1200 and TS1000 to fit Large and Medium size sterilizers . This means that Ambulatory Surgery Centers can now enjoy the process improvements that the TS 1500 has been providing hospitals for years. Opening the Instrument Pod is simple, able to be done by just one person. This patented process eliminates steps routinely needed by older methods. Eliminating movement in the OR is an important step in lowering infection rates The Instrument Pod has just one filter to inspect, simpler than every other container system or wrap. This inspection is completed before a tray is moved. The historic process of holding trays in the air waiting for a second person to inspect wrap or filters is eliminated. The Instrument Pod is the best choice for process improvement, because it eliminates the multiple repetitive chores required by all other options.

To learn more about Turbett Surgical, visit http://turbettsurgical.com/

Contact:
Jay Schainholz, Chief Executive Officer
585-755-0133
jay.schainholz@turbettsurgical.com

SOURCE: http://www.intelligence360.io
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Venture Capital
6840, Fairport, New York, Rochester, Turbett Surgical, Venture Capital

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MIND, the upcoming leader in data loss prevention, today announced $30M Series A funding, just seven months after emerging from stealth, led by Paladin Capital Group and Crosspoint Capital Partners with participation from Okta Ventures and existing investor YL Ventures. This round brings MIND’s total funding to over $40M and will fuel MIND’s strategic growth and enhance its data security platform capabilities. In the past seven months, MIND has achieved 500% customer growth, gained significant traction among Fortune 1000 companies, prevented sensitive data loss across hundreds of thousands of endpoints through its proprietary endpoint agent and delivered immediate value by protecting the sensitive data of leading enterprises.

In a statement Eran Barak, Co-Founder and CEO of MIND said, “MIND was founded to help organizations thrive in the AI era and navigate the exponential growth of sensitive data in complex IT environments.” “Our rapid growth reflects a clear market shift toward smarter, faster and fully automated approaches to DLP and insider risk. This funding validates both our product and the market demand. With the backing of our new investors, each bringing deep expertise in data security, we’re positioned to revolutionize the DLP category, empower secure innovation and double our R&D and go-to-market teams by year’s end.”

MIND is on a mission to help organizations thrive in a digital world in the AI era by protecting their most sensitive data, mitigating risks and preserving brand reputation. MIND is the first-ever data security platform that puts data loss prevention and insider risk management programs on autopilot to deliver both data security posture and data loss prevention. The company enables businesses to mind what really matters—their most sensitive data. Founded and led by cybersecurity leaders and industry veterans, MIND is based out of Seattle Washington.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

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In a statement Michl Binderbauer, CEO of TAE Technologies, said: “Fusion has the potential to transform the energy landscape, providing near-limitless clean power at a time when the world’s energy needs are growing exponentially due to the growth of AI and data centers. TAE’s technology uses the soundest physics to deliver superior performance in a compact machine, with attractive economics and best-in-class maintainability. We are leading the charge to develop revolutionary fusion technology for full-scale commercial deployment.”

TAE was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company has established itself as a leader in an industry that has the potential to transform the energy economy. Since 2014, TAE and Google Research have worked together to accelerate fusion science using cutting-edge machine learning. Google engineers worked onsite at TAE facilities to co-develop advanced plasma reconstruction algorithms, leading to significantly improved plasma lifetime and performance. Fusion is nature’s preferred source of energy. It is the same process that powers the sun and stars, and it is what makes life viable on Earth. When lighter elements fuse under immense heat and pressure, they form new elements and release a tremendous amount of energy. This process is safer than conventional nuclear power because fusion can be stopped at any time – eliminating the risk of a power plant meltdown. TAE remains singularly committed to advancing the frontiers of science and innovation to benefit humanity. With a steadfast resolve to redefine the energy landscape, TAE Technologies is at the forefront of the fusion revolution, poised to usher in a new era of sustainable and limitless power generation for a better tomorrow.
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