Ostiio develops a novel approach to correct skeletal deformities and deficiencies.
Ostiio develops a novel approach to correct skeletal deformities and deficiencies. It is developing a novel distractor that can be fully buried under the patient's skin, and expanded wirelessly and with precision. It is utilizing a fully implantable, magnetically driven, bony distraction device. Ostiio is a Penn Center for Innovation company.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 15, 2021 | Grant | $256K | 1 |
National Science Foundation
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— | Detail |
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
National Science Foundation
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Yes | Grant |