Innosphere leads Aspero Medical seed round

BOULDER — The Innosphere Fund, the funding arm of the local incubator for startup and scaleup science and tech-based companies, is leading a $1-million seed round of financing for Boulder-based Aspero Medical Inc.

The company has developed a medical device used in balloon endoscopy procedures.

“There are significant limitations with current technology used in gastrointestinal endoscopy procedures,” Aspero chief technical officer Mark Rentschler said in a prepared statement. “Our company has developed an alternative that will potentially improve performance of certain procedures, save time for practitioners and patients, and improve patient outcomes.”

Funding from Innosphere will support “product development, establishing full contract manufacturing capabilities, completion of key regulatory filings, and development of the company’s commercial strategy,” according to a news release.

BOULDER — The Innosphere Fund, the funding arm of the local incubator for startup and scaleup science and tech-based companies, is leading a $1-million seed round of financing for Boulder-based Aspero Medical Inc.

The company has developed a medical device used in balloon endoscopy procedures.

“There are significant limitations with current technology used in gastrointestinal endoscopy procedures,” Aspero chief technical officer Mark Rentschler said in a prepared statement. “Our company has developed an alternative that will potentially improve performance of certain procedures, save time for practitioners and patients, and improve patient outcomes.”

Funding from Innosphere will support “product development, establishing full contract manufacturing capabilities, completion of key regulatory filings, and development of the company’s commercial strategy,” according to a news release.