VENTURI GROUP

The primary focus of the Venturi Group, LLC is the identification and management of the startup phase of new healthcare related technology companies. This management occurs in an "incubator" type setting. Technology that serves as the basis for a company can be acquired in any of several ways. It may arise from invention or development by one or more of the principals. It may be acquired from an institutional party or it may be acquired as part of an arrangement with one or more outside parties.... The Venturi Group principals have extensive and specific expertise in the matching of evolving medical market needs to the development of medical technology related to these opportunities. One of the principals will act as interim CEO of each of the startups. The founding round and the Series A financing will be completed at the time of company formation to fund the proof of concept phase of develoment. Proof of concept means that the general principles of operation are characterized, intellectual property issues are identified and patent applications filed and the critical development issues are identified. At this point, the Series B round of financing will be completed. This round will fund the company through proof of principle in which the major issues are solved and the successful operation of the device or technique demonstrated, usually in an animal model. Venturi Group plans to create one or two technology startups every year.More