BIOTECHNOLOGY

Lucidux lands $250K from Slater fund

PBN FILE PHOTO/STEPHANIE EWENS
MEDICAL IMAGING innovator Lucidux LLC has landed a $250,000 investment from public venture capital firm Slater Technology Fund.
Posted 7/30/12

PROVIDENCE – Medical imaging innovator Lucidux LLC has landed a $250,000 investment from public venture capital firm Slater Technology Fund.

The 2011 Rhode Island Business Plan Competition Winner, Lucidux is developing three-dimensional surgical imaging equipment in collaboration with researchers from Brown University and Rhode Island Hospital, and corporate partner Photon-X Inc. of Huntsville, Ala.

The technology is designed to produces high-resolution images during arthroscopic and laparoscopic surgeries with sufficient detail and texture to allow doctors to differentiate diseased and healthy tissue.

In 2010, Lucidux received a $185,000 grant from the Rhode Island Science and Technology Council.

Lucidux was founded by CEO Jason Harry, who previously founded Afferent Corp., which also received an investment from Slater.

The $250,000 convertible debt investment is the second this month from Slater, which last week announced an investment of the same amount in VoltServer Inc.

“Lucidux is developing a breakthrough imaging technology for use in high-value medical applications,” Richard G. Horan, senior managing director of the Slater Technology Fund said in a statement.

“[Harry] is successfully leveraging collaborations with the Rhode Island-based research community to win significant research support, including grant funding from the R.I. Science and Technology Advisory Council and National Institutes of Health,” added Horan. “We look forward to working with him and his colleagues as the technology advances into clinical practice.”

Calendar
PBN Hosted
Events

Two Great Programs...One Great Event. PBN's Annual Celebration of Growth and Innovation is now underway. 2014 applications are now available. Deadline August 1st.
  • 40 Under Forty
    We're almost sold out. The 10th Anniversary of 40 Under Forty, and PBN is planni ...
  • Healthiest Employers
    Save the date - August 14th - at the Providence Marriott for the 3rd annual Heal ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement