The medical device industry is a difficult field for new companies due to high costs and complex rules. Accelerators offer startups the support and funding needed to navigate these challenges.

Programs like StartX have helped, with over 330 investments and more than 80 exits. Others, such as Centech, have also backed many companies, making over 100 investments.

Below is our list of the best 23 Medical Device accelerators and incubators.

Failory's Top 10 Picks

Tapping into the Stanford University ecosystem, StartX supports the university's most promising entrepreneurs through a founder-focused, educational non-profit model. The community offers custom-tailored education and a powerful network of experts, all without taking any equity from the startups it helps launch.

HeadquartersPalo Alto, California, United States
Year Founded2011
FoundersMatt Man, Richard Rabbat, Anuj Khandelwal, Christopher Morace, Arthur Meng, Dan McEleney, Danny Yu, Katie Fo, Steve Petersen, Lily Sarafan, Dan Ha, Jonathan Golden, Juan Vera, Haamid Ali, Charles Blanluet, Karen Katz, Cameron Teitelman
Nº of Investments339
Nº of Exits81
Centech Logo

2. Centech

Centech champions deep tech and medtech startups with high growth potential, guiding them through the complexities of scaling. As one of the world's leading university-backed incubators, it provides a robust ecosystem for companies in sectors like space, cleantech, and medical devices.

HeadquartersMontréal, Quebec, Canada
Year Founded1996
FoundersCarl Malartre
Nº of Investments106
Nº of Exits5
Program TypeOn-Site
Duration (Weeks)12104

With a sharp focus on medical technology, ExploraMed identifies unmet clinical needs and builds innovative device companies from the ground up. This disciplined incubation process has launched numerous successful companies, including Acclarent and NeoTract, leading to major acquisitions by industry giants like Johnson & Johnson.

HeadquartersMountain View, California, United States
Year Founded1995
FoundersJosh Makower
Nº of Investments7
Nº of Exits4

Life Science Innovations Fund provides critical pre-seed and seed stage capital for startups operating in the life science domain. They back companies developing novel solutions in healthcare, health diagnostics, and medical devices, fueling the growth of scientific innovation from the earliest stages.

HeadquartersBialystok, Podlaskie, Poland
Year Founded2014
Founders—
Nº of Investments14
Nº of Exits2

Innosphere Ventures propels science and technology startups forward in fields like bioscience, cleantech, and AI. They achieve this by combining a hands-on commercialization program with a seed-stage venture capital fund to help bring deep tech innovations to market.

HeadquartersFort Collins, Colorado, United States
Year Founded1998
Founders—
Nº of Investments9
Nº of Exits1

Focusing on the highly technical semiconductor industry, Silicon Solution Partners offers crucial support to startups building IC chips and system solutions. Their expertise guides hardware companies through the complexities of chip design and fundraising, with a particular focus on applications in healthcare and medical devices.

HeadquartersSingapore, Central Region, Singapore
Year Founded—
Founders—
Nº of Investments4
Nº of Exits1
mHUB Logo

7. mHUB

mHUB provides the resources for hardtech startups to turn physical product ideas into commercial successes. Their innovation center offers entrepreneurs everything from prototyping labs and manufacturing guidance to a deep network of industry experts.

HeadquartersChicago, Illinois, United States
Year Founded2017
FoundersHaven Allen, Bill Fienup
Nº of Investments57
Nº of Exits—
Program TypeOn-Site
Duration (Weeks)26

Activation Capital cultivates innovation ecosystems by providing early-stage startups with essential funding, mentorship, and infrastructure. They focus on advancing companies in the life sciences and other advanced technology fields, offering unique resources like the Virginia Bio+Tech Park to foster growth.

HeadquartersRichmond, Virginia, United States
Year Founded1993
Founders—
Nº of Investments11
Nº of Exits—

Dedicated to diversifying the medical device industry, MedTech Color champions founders of color through community building and strategic resources. Their annual pitch competition offers a vital platform for these entrepreneurs, connecting them with the capital and mentorship needed to launch and scale their ventures.

HeadquartersEncino, California, United States
Year Founded2018
FoundersKwame Ulmer
Nº of Investments—
Nº of Exits—
Program TypeOnline
Duration (Weeks)4

As the longest-running life science incubator in Massachusetts, Massachusetts Biomedical Initiatives provides critical lab space and resources to early-stage companies. They support startups across the biotech, healthcare, and medical device sectors, having graduated over 150 ventures from their program.

HeadquartersWorcester, Massachusetts, United States
Year Founded1985
FoundersJon Weaver
Nº of Investments2
Nº of Exits—

13 Additional Medical Device Accelerators and Incubators Worth Applying To

The support for medical device startups doesn't stop with our favorites. The programs below have collectively invested in over 30 companies, with some running for decades.  You'll find them across North America and Europe, from the US to France and Italy. Here’s a look at the other accelerators helping founders in the medical device field.

Accelerator/IncubatorCountryYear FoundedNº InvestmentsNº Exits
CQIB logo CQIBCanada19966—
Shifamed logo ShifamedUnited States20089—
MD Start logo MD StartFrance20094—
Harbr logo HarbrUnited Kingdom20186—
VITA Accelerator logo VITA AcceleratorItaly20227—
Doliam logo DoliamFrance19913—
Collaborative Ventures logo Collaborative VenturesUnited States199772
Hartnett Enterprise Acceleration Centre logo Hartnett Enterprise Acceleration CentreIreland—511
NLC logo NLCThe Netherlands201443—
IntuitiveX logo IntuitiveXUnited States2017——
Southeast TechInventures logo Southeast TechInventuresUnited States2003——
VentureStudio logo VentureStudioIndia20112—
The Innovation Institute logo The Innovation InstituteUnited States2013——