HYPOTHERMIA DEVICES INC

Inglewood, CA · Founded 2016 · CIK 0001758185 · Medtech · Private

Kelvi Pro: a portable core-body-cooling device that cools patients' hands to reduce core temperature, with battery-powered capability for military and clinical use

kelvi.com →
Grants
$50K
1 award
Sector median: 1
Raised
$11M
1 Form D · Nov 2018
94 months since last filing
Contracts
$1.2M
17 awards · Defense
#298 of 4531 in medtech
Patents
9
2 granted · 7 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Private capital raisedForm D · SEC$10,731,643
Federal grantDepartment of Defense · Phase I · Kelvi battery pack and core-cooling solutions$49,621
Federal contractDepartment of Defense · F2-13939 Decreasing Days Lost And Increasing Readiness For The USAF Warfighter Through Heat-related Illness Mitigation And Prevention$748,253
Federal contractDepartment of Defense · Optimizing The Kelvi System For Increased COVID-19 Safety Protocols With A Single Patient Use Sleeve$49,490
Federal contractDepartment of Defense · 4553531522!KELVI Single Package$33,502
Federal contractDepartment of Defense · 4554437975!KELVI Facility Package$18,018
Federal contractDepartment of Defense · Kelvi Pro Console QTY:2, Kelvi Umbilical Cord QTY:2, Kelvi Shoulder Pro Qty: 2, Kelvi Back Pro QTY:2, Kelvi Knee Pro QTY:2, Kelvi Ankle Pro QTY:2, Hard Console Case QTY:2$24,454
Federal contractDepartment of Defense · 4554814476!KELVI Single Package$11,167
Federal contractDepartment of Defense · 4555186988!KELVI Facility Package$18,018
Federal contractDepartment of Defense · 4555607721!KELVI Single Package$11,613
Federal contractDepartment of Defense · National Security Covered Effort - Medical Therapy Device$95,549
Federal contractDepartment of Defense · 4557125865!CONSOLE And Umbilical$69,772
Federal contractDepartment of Defense · 4558474738!KELVI Single Package$22,334
Federal contractDepartment of Defense · 4559846777!BACK Pro Wrap$9,360
Federal contractDepartment of Defense · 4561343272!ANKLE Pro Wrap$4,797
Federal contractDepartment of Defense · 4562119156!KELVI Single Package$22,334
Federal contractDepartment of Defense · 4562501534!KELVI Pro E Console$11,142
Federal contractDepartment of Defense · 4566044128!KELVI Pro E Console$9,923
Federal contractDepartment of Defense · 4566852441!KELVI Pro E Console$11,358
Federal grant · SBIR/STTRFederal contract · USAspendingForm D · SEC

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
295BIOFLUIDICA, INC.$1.2M$13M
296Paragon 28, Inc.$1.2M$50K
297WICAB, INC$1.2M$3.4M
298HYPOTHERMIA DEVICES INC$1.2M$11M
299TESSARAE, LLC$1.2M—
300Microscopy Innovations, LLC$1.1M$410K
301HEALIONICS CORPORATION$1.1M$13M

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 5 related persons
  • Alexandre CohenDirector
  • Vergara JulioDirector · Executive Officer
  • Lucas RestrepoDirector · Executive Officer
  • Cristobal UndurragaDirector
  • Julio VergaraDirector

Patents

USPTO · 2 granted of 9
  • Heat Exchange Module, System And Methodgranted
  • Optimized Water Channels and Flexible Coolers For Use In heat Exchange Module(s), Systems, and Methods Thereofapplication
  • Heat Exchange Module, System And Methodapplication
  • Heat Exchange Module, System And Methodgranted
  • Optimized water channels and flexisble collers for use in heat exchange module(s), systems, and methods thereofapplication
  • Optimized Water Channels And Flexible Coolers For Use In Heat Exchange Module(s), Systems, And Methods Thereofapplication
  • Heat Exchange Module, System And Methodapplication
  • Heat Exchange Module Constructionapplication
  • Heat Exchange Module, System And Methodapplication

Regulatory activity · Medtech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.