Salt Lake City, Utah—November 25, 2019— AccuBreath today announced it has received a seed investment from Ideaship, a patent leveraged venture capital fund that provides patent development support for early stage startups. The investment will assist AccuBreath’s efforts to maximize the enterprise value contribution of its inventions.
“AccuBreath’s technology commercialization efforts represent a new chapter in break-through airway support and monitoring. We are excited to be a part of AccuBreath’s mission to leverage technology innovation for the benefit and safety of patients,” said Robert Bell, Ideaship Venture Partner.
“AccuBreath’s technology commercialization efforts represent a new level of patient care related to procedures requiring airflow intervention,” echoed Kazutoshi Yasunaga, IP Specialist for Ideaship and Director for Panasonic Intellectual Property Corporation of America.
“Ideaship provides more than just a typical investment. As a start-up we are seeking strategic partners that will help drive the development and value of the company and product. Ideaship provides the ideal partnership. They have provided critical navigation as we head into uncharted territory providing guidance to ensure that our foundational basis contributes to maximum enterprise value. Ideaship’s obsession with curating patent value is a core early contribution and one of the most valuable resources for an early stage medical device company,” remarked Spenser Madsen, founder and CEO of AccuBreath.
AccuBreath provides unprecedented airway support and ICU grade monitoring to eliminate delays and complications caused by apnea due to sedation in surgical procedures. For more information, please visit https://www.accubreath.com
Ideaship provides patent development capital for early stage ventures. Ideaship is a collaboration between Global Technology Transfer Group (GTT Group) and Panasonic Intellectual Property Corporation of America. Ideaship combines the expertise and experience of GTT Group’s patent analysis, valuation, and monetization practices with Panasonic Intellectual Property Corporation of America’s leading patent department to achieve enterprise value premiums.