NEWS

Salvia Selected for MedTech Innovator Accelerator 2024

LOS ANGELES - May 29, 2024 - MedTech Innovator, the world’s largest accelerator of medical technology companies, today announced its 2024 Accelerator Cohort. After a competitive selection process with a five percent acceptance rate, 65 companies were chosen to participate in MTI’s flagship four-month Accelerator program. The 2024 cohort of medical device, diagnostic, and digital health companies will now have unparalleled access and visibility to the world’s leading ecosystem of seasoned expertise of strategic manufacturers, investors, healthcare providers, payers, patients, and other industry stakeholders. At the culmination of the MTI accelerator program, cohort companies will compete for the vote of the audiences at the industry’s leading conferences for $800,000 in non-dilutive funding.

Hubert Martens, CEO of Salvia BioElectronics:

We’re absolutely thrilled to be one of the selected companies for the MedTech Innovator Accelerator 2024 cohort! With over 1300 applicants, only the top 5% made it through the rigorous selection process; this is an amazing group to be a part of. We're looking forward to connecting with like-minded entrepreneurs and are excited to have the opportunity to learn from the best in class and get expert support to further detail and pressure test our commercialization plans."

“Our accelerator has become the gold standard, thanks to our industry-leading track record of identifying and refining the most innovative medtech startups in the world. Since launching MedTech Innovator, our more than 600 graduates have received 310 FDA approvals and clearances and secured $8 billion in follow-on funding,” said Paul Grand, CEO and founder of MedTech Innovator. “Having evaluated thousands of applicants since November, I can tell you definitively that the 2024 MedTech Innovator Cohort represents the best emerging startups around the globe. We are excited to spend the next four months with our industry-leading corporate partners and industry experts, to help these entrepreneurs advance their medical device, diagnostic and digital health innovations to improve the lives of millions.”

Check out the full list of companies here.