# Solenic Medical

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/solenic-medical

- Industry: Medical Devices & Equipment
- Headquarters: US
- Website: www.solenic.com
- Total disclosed funding: $5.1M
- Latest round: Series A (Jun 20, 2023)
- Investors on record: 3

## About

Based in Texas, US, Solenic Medical, Inc. provides medical devices used to treat prosthetic joint infections (PJI). As of 2023, the company is headed by its CEO James Lancaster. In June 2023, the firm raised USD 5.1 million led by investor Johnson & Johnson Innovation – JJDC, Inc., with participation from investors ShangBay Capital and Highpoint Ventures.

The company offers a non-invasive method that helps to eradicate metallic implants infection in the body. The firm uses alternating magnetic fields (AMF) which are generated from external coils to eradicate biofilm on the surface of medical implants and eliminate the need for surgery. 

The company plans to use the June 2023 funding to grow its research and development department and its operations.

## Funding rounds

- Series A, Jun 20, 2023, $5.1M — Johnson & Johnson Innovation, ShangBay Capital, Highpoint Ventures

## Investors

- Johnson & Johnson Innovation (https://capitalatlas.ai/funds/johnson-johnson-innovation) — Series A
- ShangBay Capital (https://capitalatlas.ai/funds/shangbay-capital) — Series A
- Highpoint Ventures (https://capitalatlas.ai/funds/highpoint-ventures) — Series A