Sanara Ventures Announces Winners of Healthcare Startup Competition

Sanara Ventures Ltd., an Israel-based healthcare-focused early stage investment group and incubator backed by Teva Pharmaceutical Industries Ltd. and the healthcare business of electronics company Koninklijke Philips NV, has announced the winners of its startup competition Wednesday.

LuSeed Vascular Ltd., a company developing an implant for treating aneurysms, won the medical device category. TuneFork, a company developing an audio personalization app intended to improve quality of life for people with hearing loss and elders, won the digital health category. Both companies will receive a seed investment of up to $1 million each, and mentoring.