Foundry Offspring Sires First Company
This article was originally published in Start Up
Executive Summary
ForSight Labs LLC, the incubator founded in 2005 by The Foundry spun out its first company, Transcend Medical Inc., a company targeting glaucoma. Morgenthaler Ventures and Split Rock Partners teamed up to supply the company's first round of financing.
You may also be interested in...
Device Incubation: Challenges in Making the Model Work
Device incubators have their proponents and detractors, but remain a constant source of company creation. The big question: is this model sustainable?
Corporate Biotech Incubators
Corporate incubators at Pfizer and Biogen--designed to provide a supply of strategically aligned biotech assets to the parent pipeline--remain unproven. But they're among a range of experiments aimed at helping seed discovery-stage ventures
Start-Up News March 2007
InnFocus and Transcend Medical advance glaucoma surgery, and new orthodontics company OrthoAccel cuts orthodontia treatment times in half.