INNOVATIVE SURFACE TECHNOLOGIES INC

ST. PAUL, MN · Medtech · Private

Biodegradable nanofiber membrane inserts for 96-well cell culture plates that mimic in vivo tissue microenvironments

Grants
$6.9M
9 awards
Sector median: 1
Raised
—
No Form D on record
Contracts
$2.2M
2 awards · Health and Human S
#211 of 4531 in medtech
Patents
33
12 granted · 21 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Federal grant· 1 of 3 same dayDepartment of Health and Human Services · Phase II · Bioartificial Brain Slices for Drug Screening$545,626
Federal grant· 2 of 3 same dayDepartment of Health and Human Services · Phase II · Ureteral Stent Coatings$589,930
Federal grant· 3 of 3 same dayDepartment of Health and Human Services · Phase II · Bioartificial Brain Slices for Drug Screening$1,647,821
Federal grantDepartment of Health and Human Services · Phase II · Bioartificial Brain Slices for Drug Screening$542,765
Federal grantDepartment of Health and Human Services · Phase II · Ureteral Stent Coatings$590,429
Federal grantDepartment of Health and Human Services · Phase II · Bioartificial Brain Slices for Drug Screening$559,430
Federal contractDepartment of Health and Human Services · Alternatives To Commercially Available Cell Culture Insert Membranes And Manufacturing Techniques (POP:7/27/2020 To 04/26/2021)$225,000
Federal grantDepartment of Health and Human Services · Phase I · Ultra-low attachment coatings to maintain CSF shunt patency$231,993
Federal grantDepartment of Health and Human Services · Phase I · Ultra-low attachment coatings to maintain CSF shunt patency$231,993
Federal contractDepartment of Health and Human Services · SBIR Phase II, Topic 019: Electrospun Biodegradable Membrane Inserts$1,972,191
Federal grant · SBIR/STTRFederal contract · USAspending

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
208BIOSURFACES INC$2.3M$900K
209Oculogica Inc.$2.2M$22M
210SAFETRACES, INC$2.2M$19M
211INNOVATIVE SURFACE TECHNOLOGIES INC$2.2M—
212Amprion, Inc.$2.2M$15M
213NeuroPace$2.2M$187M
214DREAM SYSTEMS, LLC$2.2M—

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.

Patents

USPTO · 12 granted of 33

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.