Sonex Health

Episode 108: GEW and the Founding Story of Sonex Health

Sonex Health founding member Dr. Darryl Barnes.

Sonex Health founding member Dr. Darryl Barnes.

This week on the podcast we take one final peek back at this year’s Global Entrepreneurship Week and recap one of the best kept tales of Rochester, the founding story of Sonex Health. Sonex Health was launched in 2014 by local physicians Darryl Barnes and Jay Smith alongside business operations expert Aaron Keenan. The company was founded to improve patient outcomes, enhance the patient experience, and increase practice efficiencies, especially in the field of ultrasound guided surgery. Sonex Health addresses compression neuropathies, with specific focus on carpal tunnel syndrome. Their solution, the SX-One MicroKnife with Meerkat Technology, allows physicians to treat carpal tunnel patients in their office, with local anesthetic and 5-millimeter incision in a “walk in, walk out” procedure. This allows patients to recover in 3-6 days instead of the normal 2-6 weeks seen in the current gold standard surgical carpal tunnel practice.  Sonex Health has raised $1.87M in seed funding and $2.5M in a convertible debt round. They are now looking to raise Series A funding to commercialize their product.

Founder Darryl Barnes said the Sonex team was one of the biggest reasons for the success of the company.  He explained, “I think if there’s anything I would say if you’re going to do this is to really partner with people who have a passion for what they do and are able to share the vision.”

Episode 78: Community Roundup with gBETA Medtech Accelerator, Minnesota Cup, Sonex Health, and Marblehead Medical

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There are so many new, exciting initiatives and developments going on in Rochester and the greater Minnesota community right now. Today on the podcast we take a look at four powerful stories unfolding within the community.

 

·       First off, we talk about gener8tor and their launch of a brand new medtech specific accelerator, called gBETA Medtech, in Minneapolis. gBETA Medtech is a free, seven-week accelerator program for medtech startups that’s sponsored by Boston Scientific, Mayo Clinic, and the University of Minnesota. The first six companies are currently working through the program; applications for the summer 2018 cohort are now live.

·       Next, we talk about Minnesota Cup and the addition of a new education and training division to this startup competition. This division is focused on businesses developing technology or services related to education, training, and workforce or professional development. Applications for the 14th edition of Minnesota Cup opened on March 26th and will close on April 27th.

●     Then we chat about Sonex Health, a Mayo Clinic Business Accelerator graduate making huge strides in the community. Sonex Health created the SX-One MicroKnife to enable minimally invasive, ultrasound guided carpal tunnel release surgery. Sonex now has grown to a team of five, has graduated out of the Accelerator, and was one of the first recipients of capital from the Southeast Minnesota Angel Fund.

●      Lastly, we take a brief glimpse at Marblehead Medical, an emerging startup, founded by two Mayo Clinic radiologists, that’s treating ischemic stroke through a novel process called mechanical thrombectomy. The team behind Marblehead Medical has designed a balloon-guided medical device for ischemic stroke intervention and is close to locking in a $1M round of financing.

 

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