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 ↑Equity ↓202020212022202320242025
| Date | Event | Source | Amount |
|---|---|---|---|
| Federal grant | National Science Foundation · Phase I · SBIR Phase I: Smart Shunt Valve to Treat Hydrocephalus | $255,977 | |
| Federal grant | National Science Foundation · Phase II · SBIR Phase II: Smart Shunt to Treat Hydrocephalus | $1,199,723 | |
| Federal grant | Department of Health and Human Services · Phase I · Development of a Smart Shunt with ICP-feedback for the Treatment of Hydrocephalus | $469,844 | |
| Federal grant | Department of Health and Human Services · Phase I · Development of a Smart Shunt with ICP-feedback for the Treatment of Hydrocephalus | $228,828 | |
| Private capital raised | Form D · SEC | $4,132,499 |
Federal grant · SBIR/STTRForm D · SEC
Peer position
| # | Company | Contracts | Disclosed equity |
|---|---|---|---|
| 1599 | DIADEM US, INC. | — | — |
| 1600 | FITOTO TECHNOLOGIES INC. | — | — |
| 1601 | BioStem Technologies, Inc. | — | $2.7M |
| 1602 | MADISON SCIENTIFIC, INC. | — | $4.1M |
| 1603 | UNPLUGS HEARING, INC. | — | $225K |
| 1604 | HILLMED INC | — | — |
| 1605 | Acurion, 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
- Joshua CarsonDirector
- Bermans IskandarDirector
- Joshua MedowDirector · Executive Officer
- John SlumpDirector
- Tyler WankeDirector · Executive Officer
Patents
- Methods And Systems For Treating Hydrocephalusapplication
- Smartshuntapplication
- Smartshuntapplication
- Methods And Systems For Treating Hydrocephalusapplication
- Smartshuntapplication
- Smartshuntapplication
Regulatory activity · Medtech
- New Animal Drugs; Approval of New Animal Drug Applications; Withdrawal of Approval of New Animal Drug Application; Change of SponsorFood and Drug Administration
- Medical Devices; General and Plastic Surgery Devices; Classification of the Skin Patch for Treatment of HyperhidrosisFood and Drug Administration
- Medical Devices; Anesthesiology Devices; Classification of the Monitor for Opioid Induced Impairment of OxygenationFood and Drug Administration
- Medical Devices; Orthopedic Devices; Classification of the Medial Knee Implanted Shock AbsorberFood and Drug Administration
- Medical Devices; Neurological Devices; Classification of the External Lower Extremity Nerve Stimulator for Restless Legs SyndromeFood and Drug Administration
- Medical Devices; General Hospital and Personal Use Devices; Classification of the Infant Supine Sleep SystemFood and Drug Administration
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.