MADISON SCIENTIFIC, INC.

MADISON, WI · Founded 2020 · CIK 0002053472 · Medtech · Private

Smart cerebrospinal fluid (CSF) shunt system with integrated intracranial pressure (ICP) sensor and adaptive valve that intelligently drains CSF in real time based on patient physiology

madsci.com →
Grants
$2.2M
4 awards
Sector median: 1
Raised
$4.1M
1 Form D · Jan 2025
20 months since last filing
Contracts
—
No federal contracts on record
Patents
6
0 granted · 6 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Federal grantNational Science Foundation · Phase I · SBIR Phase I: Smart Shunt Valve to Treat Hydrocephalus$255,977
Federal grantNational Science Foundation · Phase II · SBIR Phase II: Smart Shunt to Treat Hydrocephalus$1,199,723
Federal grantDepartment of Health and Human Services · Phase I · Development of a Smart Shunt with ICP-feedback for the Treatment of Hydrocephalus$469,844
Federal grantDepartment of Health and Human Services · Phase I · Development of a Smart Shunt with ICP-feedback for the Treatment of Hydrocephalus$228,828
Private capital raisedForm D · SEC$4,132,499
Federal grant · SBIR/STTRForm D · SEC

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
1599DIADEM US, INC.——
1600FITOTO TECHNOLOGIES INC.——
1601BioStem Technologies, Inc.—$2.7M
1602MADISON SCIENTIFIC, INC.—$4.1M
1603UNPLUGS HEARING, INC.—$225K
1604HILLMED INC——
1605Acurion, Inc.—$4.1M

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
  • Joshua CarsonDirector
  • Bermans IskandarDirector
  • Joshua MedowDirector · Executive Officer
  • John SlumpDirector
  • Tyler WankeDirector · Executive Officer

Patents

USPTO · 0 granted of 6
  • Methods And Systems For Treating Hydrocephalusapplication
  • Smartshuntapplication
  • Smartshuntapplication
  • Methods And Systems For Treating Hydrocephalusapplication
  • Smartshuntapplication
  • Smartshuntapplication

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.