Venture Capital
Nanodropper, a medical device startup founded by University of Washington and Seattle University grads, announced a $1.4 million seed round this week. The company makes an FDA-approved adapter for eye drop bottles that reduces the size of eye drops to save money and medication. Co-founders Allisa Song, Elias Baker, Mackenzie Andrews, and Jennifer Steger were inspired to solve the problem outlined in a 2017 article by ProPublica about how larger-than-necessary eyedrops were increasing costs for glaucoma patients. Eyedroppers often deliver more medication than the eye can physically absorb, and the Nanodropper reduces the size of drops by a quarter or more.