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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MinneapolisBiotechnologyHealth CareMedicalMedical Device