"With this investment, we are beginning to lay the foundation for scalable penetration into the large, profitable, and growing gastrointestinal endoscopy market," said Robert Stuba, President and CEO of MAX Endoscopy.
With these two investments, JumpStart Ventures has invested in four new companies in 2009's fourth quarter, bringing its portfolio of high growth, early-stage companies to 44.
About Absorbent Materials Company LLC
Absorbent Materials Company LLC (www.absmaterials.com) develops reactive glass products and nanosands for remediation or site-cleanups of volatile organic and related spills, plumes or gas discharge. Absorbent Materials' (ABSMaterials) products are engineered to be fully reversible, highly stable, hydrophobic, and capable of capturing and recovering a range of hydrocarbons and pervasive solvents.
About MAX Endoscopy, Inc.
MAX Endoscopy Inc., (www.maxendoscopy.com) headquartered near Cleveland, designs, manufactures and markets innovative endoscopic accessory devices in the field of gastrointestinal (GI) endoscopy. The keystone of its strategy is to provide devices that fill unmet needs in the field of gastroenterology and related medical specialties, and to do it in a way that is novel yet practical and cost-effective. The Company's PRECISION Endoscopic Infrared Coagulator(TM) device is a patent pending, FDA cleared and CE marked endoscopic infrared coagul
|SOURCE JumpStart, Inc.|
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