Device Incubation: Challenges in Making the Model Work
This article was originally published in Start Up
Executive Summary
Device incubators have their proponents and detractors, but remain a constant source of company creation. The big question: is this model sustainable?
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Foundry Offspring Sires First Company
ForSight Labs LLC, the incubator founded in 2005 by The Foundry spun out its first company, Transcend Medical Inc., a company targeting glaucoma. Morgenthaler Ventures and Split Rock Partners teamed up to supply the company's first round of financing.