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PhotoniCare Raises $4.6M, Establishes Manufacturing Partnership

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GRAND RAPIDS, Mich., Dec. 6, 2024 — Medical device company PhotoniCare has secured $4.6 million in a Series B funding round and formed a manufacturing partnership with Gentex Corporation to produce its OtoSight Middle Ear Scope. The company also finalized the relocation of its headquarters from Champaign, Illinois, to Grand Rapids, Michigan. Using OCT high resolution depth imaging, PhotoniCare’s OtoSight Middle Ear Scope helps to determine the presence or absence of fluid in the middle ear and to characterize the fluid type, even in the presence of significant ear wax. According to the company, the device is the...Read full article

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    Published: December 2024
    Glossary
    otoscope
    An otoscope is a medical device used by healthcare professionals, particularly ear, nose, and throat (ENT) specialists, primary care physicians, and pediatricians, to examine the ear canal and eardrum. It consists of a light source, a magnifying lens, and a speculum, which is inserted into the ear to provide a clear view of the ear canal and tympanic membrane (eardrum). Key components and features of an otoscope include: Light source: Otoscopes are equipped with a light source,...
    optical coherence tomography
    Optical coherence tomography (OCT) is a non-invasive imaging technique used in medical and scientific fields to capture high-resolution, cross-sectional images of biological tissues. It provides detailed, real-time, and three-dimensional visualization of tissue structures at the micrometer scale. OCT is particularly valuable in ophthalmology, cardiology, dermatology, and various other medical specialties. Here are the key features and components of optical coherence tomography: Principle of...
    BusinessBiophotonicsmedicalImagingotoscopeEARmiddle earOtosight Middle Ear Scopeoptical coherence tomographyOCTfundingHeadquartersrelocatepartnershipmanufacturingcommercializationFDA-approvedPhotoniCareGentex CorporationAmericas

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