Raleigh medical device firm Contego Medical lands $22.3M from investors

RALEIGH – Contego Medical, a Raleigh-based medical device firm that received FDA approval for two systems targeting neurovascular, coronary and peripheral vascular disease, has landed $22 million from 10 investors. Contego disclosed the funding in an SEC filing. In 2018, Conteo Medical received FDA approval for: The Vanguard IEP Peripheral Balloon Angioplasty... Read More

The NASA Alum Who Turned A Discarded 19th-Century Idea Into a $280 Million Startup

Phononic CEO Tony Atti grins as the company’s chief engineer holds up a black box the size of a mailbox at their headquarters in Durham, North Carolina. The box provides all the power to heat and cool a smart mattress, thanks to Phononic’s chips that send heat-regulating currents to the high-tech... Read More