Halcyon Angels, the early-stage investment arm of D.C. nonprofit Halcyon, just made its first investments of the year totaling $135K.
The recipients: Rockville’s JuneBrain, whose wearable imaging device is built to detect eye diseases, and Atlanta’s Insight Optics, whose telemedicine platform allows primary care doctors to record and send retinal screenings to local ophthalmologists.
Both medical device startups use artificial intelligence and machine learning to improve health care access, “while having that crucial combination of impressive founders and scalable solutions — two things we look for at the early stage,” said Dahna Goldstein, Halcyon’s chief investment officer. “In both cases, the scale of the markets indicates both room to grow and potential for impact.”
Prior to these investments, Halcyon Angels had also backed D.C. student loan startup MPower Financing, Richmond data analytics company MajorClarity and Cambridge, Massachusetts-based renewable energy startup Solstice. And, Goldstein said, the angel group has another investment “on the immediate horizon and more expected in coming months.”
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