About Protoalpha Accelerator: The protoalpha accelerator is a Product Realization Accelerator that helps innovators who have product ideas but lack resources and capabilities to convert their ideas into early stage prototypes. As part of the protoalpha accelerator, Venture Center worked with 6 ideators to develop solutions to various unmet needs. It is a truly pioneering initiative in which we helped advance an idea and completely fund an early prototype under a codevelopment model, with BMeK as our technical partner for the program.
About Aken Sanghavi’s journey: RegenOrtho with the support of the Proto Alpha Accelerator designed and developed the device to address the problem of low bone mineral density in the lumbar spine of patients because of osteoporosis/osteopenia. The protoalpha team provided Aken access to people who have technical knowledge to build and refine his initial prototype, which could be taken ahead for testing, and fully funding his prototype development.
TechEx Role: TechEx.in has played an important role in drafting and finalizing the terms of the joint development agreement and in facilitating know-how transfer to the incorporated startup to take the technology ahead.