FlowMed

Company Overview

Snapshot

Founded in December 2009 by Gil Tenenbaum, Dr. Leonid Lobik, and Ehood Nakash, FlowMed operated with 1–10 employees. The company raised $2M across one seed funding round from two investors. FlowMed ceased operations in January 2020.

Business overview

FlowMed developed a robotic system designed to provide continuous irrigation for surgical procedures that require a consistent, regulated flow of solution. The company's core product, Aqueduct, targets the medical devices industry, specifically hospitals and surgeons, by enhancing minimally-invasive endoscopic surgeries. Operating within the Health Tech & Life Sciences sector, FlowMed focused on medical treatment and therapeutics, leveraging machinery and robotics for automation in operating rooms.

Company Intelligence Q&A

When was FlowMed founded and by whom?

FlowMed was founded in December 2009 by Gil Tenenbaum, Dr. Leonid Lobik, and Ehood Nakash.

What is FlowMed's primary product?

FlowMed's primary product is Aqueduct, a robotic system that facilitates continuous irrigation for endoscopic surgeries.

What was FlowMed's operational status?

FlowMed ceased to operate in January 2020.

How much capital did FlowMed raise?

FlowMed raised a total of $2M in a seed funding round in January 2015.

Which investors participated in FlowMed's funding round?

In January 2015, FlowMed received funding from the Office of the Chief Scientist and hiCenter Ventures.