Phoenix, AZ (PRWEB) June 18, 2013
Nasseo, Inc. today announces that it has been named the 2013 Innovation Challenge Winner out of hundreds of applicants by the Arizona Commerce Authority (ACA) in its spring Arizona Innovation Challenge. The Arizona Innovation Challenge (AIC) awards the most money in the country for a technology commercialization challenge, granting a financial award to what it deems to be the world’s most promising technology ventures. Nasseo’s state of the art dental and orthopedic implant surface modification technology captured the attention of the ACA this year. With this victory, Nasseo is honored to accept a $250,000 grant award to commercialize their first product, the TiArray™ Dental Implant.
In the ACA’s press release about the award, Nasseo was described as “inventive Arizona entrepreneurs who are creating technology solutions with potential global implications.” Nasseo is headquartered at the BioInspire Medtech incubator in Peoria, AZ which is sponsored by BioAccel who also invested $300K into the company as part of the seed round.
Nasseo’s medical innovation has resonated with audiences across industries. The company most recently won CONNECT’s Life Sciences Capital Competition earlier this year, earning it prestigious membership as a CONNECT Portfolio Company and the distinction as a “Rock Star of Innovation” by CONNECT. Prior to that, Nasseo had been invited to showcase its work at the 2012 World’s Best Technology (WBT) Innovation Marketplace and the 2013 National Innovation Showcase. And in its earliest victory, Nasseo mad
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