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Octin Health wins $76,000 MN Cup grand prize to support FDA clearance efforts for its aortic surgery device.

Sep 18, 2026•about 3 hours ago
MinneapolisBiotechnologyHealth CareMedicalMedical Device

Description

Octin Health, a Minneapolis-based medical-device startup, won the 2026 MN Cup grand prize on Monday, receiving $76,000 in non-dilutive funding. The five-person company plans to use the prize money to support product development for its Elika device, designed to maintain blood flow during aortic arch surgeries. The funding comes as Octin Health prepares to submit its device to the U.S. Food and Drug Administration for clearance early next year

Company Information

Company

Octin Health

Location

Minneapolis, Minnesota, United States

About

Octin Health is a Minneapolis-based medical-device startup founded by cardiac surgeon Dr. Meghana Helder. The company develops the Elika device, a specialized cardiopulmonary bypass tube designed to maintain blood flow to the brain and body during aortic arch surgery, eliminating the need for deep hypothermic circulatory arrest. The five-person company is preparing to submit its device to the FDA for clearance.

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