What 10XBeta does

10XBeta is a Brooklyn-based venture studio founded in 2014 that operates a vertically integrated Fund-Build-Manufacture-Co-Invest platform focused on developing connected Class I and Class II medical devices. The studio partners with founders from concept through FDA-cleared commercialization, providing early-stage equity investment, product and business development using its proprietary Medical Device Development Tools (MDDT) and an enhanced FDA V-model approach, plus in-house ISO-aligned manufacturing in New York for prototype-to-production scale-up. The portfolio spans 14 active companies across therapeutic areas including cervical cancer screening (Gynocular, Red Dot 2014), multi-patient oxygen delivery (K-02, Red Dot 2023), acute compartment syndrome diagnostics (Myovue), AI-powered patient monitoring (Inspiren), emergency ventilation (Spiro Wave), contactless vital signs (Norbert), wearable pulse oximetry (Oxiwear), insulin-pen adherence (Timesulin), emergency medical bags (LPTv1), wheelchair power add-ons (Indiego), telemedicine (Ponto Care), cryoablation (Cryomedica), urinary symptom therapy (Australis Scientific InConfidence), and clinical-trial medication adherence (Validose, launching Q2 2025).

The company monetizes primarily through equity ownership in portfolio companies, supplemented by co-investment syndication with external capital partners and in-house manufacturing services. Revenue mechanics rely on future portfolio exits rather than recurring service fees, with pricing not publicly disclosed. Customer segments fall into two distinct groups: early-stage MedTech founders seeking capital, regulatory pathway expertise, and manufacturing infrastructure, and healthcare co-investors (VCs, family offices, strategic partners) seeking deal flow into de-risked med-tech opportunities. 10XBeta reports developing 150+ products and raising $40MM+ for portfolio companies cumulatively, and in 2025 was selected for ARPA-H's PARADIGM program to develop modular mobile healthcare platforms for rural communities.

The studio is led by CEO and Co-Founder Marcel Botha and COO and Founder Frederick Kruger, operates with 11-50 employees from Brooklyn, NY, and has commercial reach spanning the United States plus China, Bangladesh, Ethiopia, Malawi, and India. Strategic positioning emphasizes crisis-response capability (demonstrated by the one-month Spiro Wave ventilator development during COVID-19) and emerging-market applicability (K-O2 launch at the All Africa Anesthesia Congress 2022). Award recognition includes multiple Red Dot Awards (2014, 2023), Fast Company Innovation by Design (2023), Good Design Award (2024), and ARPA-H PARADIGM performer status (2025).

Name

10XBeta

Legal name

10XBeta

Website

https://10xbeta.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

10XBeta is a Brooklyn-based venture studio founded in 2014 that operates a vertically integrated Fund-Build-Manufacture-Co-Invest platform to develop connected Class I and Class II medical devices, partnering with early-stage MedTech founders and co-investors from concept through FDA-cleared commercialization across a portfolio of 14 companies.

Ownership category

akta.pro rank

Product category

Medical Device Development Services

NAICS

Surgical and Medical Instrument Manufacturing (339112), Research and Development in the Physical, Engineering, and Life Sciences (54171), Other Scientific and Technical Consulting Services (54169), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Services-Commercial Physical & Biological Research (8731)

akta.pro primary industry

Corporate Venture Studios & Incubators (Build/launch ventures) (FSANAHAC)

akta.pro secondary industry

Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF)

Keywords

• Medical device development
• Venture studio services
• Medtech product design
• FDA regulatory compliance
• Medical device manufacturing

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Venture Studio Services: 10XBeta provides comprehensive venture studio services including Fund (early-stage equity investment), Build (product and business development from concept to regulatory-cleared medical devices), and Manufacture (in-house manufacturing from prototype to full production). Revenue is generated through equity ownership in portfolio companies.
2. Co-Investment: Co-investors contribute capital to high-potential medical device startups alongside 10XBeta, gaining access to deal flow and portfolio companies. 10XBeta earns returns through successful portfolio exits.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

10XBeta is a vertically integrated venture studio that develops connected Class I and Class II medical devices through four integrated service lines: Fund (early-stage equity investment), Build (product and business development from concept to regulatory-cleared devices), Manufacture (in-house ISO-certified production from prototype to scale), and Co-Invest (co-investment opportunities for outside investors). The studio takes equity stakes in portfolio companies and operates an in-house engineering, design, and manufacturing facility in Brooklyn, NY, supporting startups from napkin sketch to commercial launch.

Product overview

10XBeta is a venture studio that operates as a unified platform-plus-services model, combining Fund, Build, Manufacture, and Co-Invest services to develop connected Class I and Class II medical devices. The portfolio includes Validose (precision medication delivery with Dose Exoskeleton and Patient Portal), Gynocular (portable colposcope for cervical cancer screening), K-02 (multi-patient oxygen generator), Myovue (intramuscular pressure sensor for ACS diagnosis), Inspiren (AI-powered patient monitoring), Spiro Wave (emergency ventilator), Norbert (contactless vital signs scanner), Ponto (telemedicine platform), Oxiwear (wearable oxygen monitor), Timesulin (smart insulin cap), LPTv1 (smart medical bag), Indiego (power wheelchair add-on), Cryomedica (cryo ablation platform), and Australis Scientific InConfidence (smart patch therapy). The Build service provides product development from concept to regulatory clearance using MDDT tools and FDA V-model approach, while the Manufacture service offers ISO-certified in-house production.

Differentiator

Problem solved

Functional benefit

Products and services

• Fund Service
• Build Service
• Manufacture Service
• Co-Invest Service
• Gynocular
• K-02 (K-O2)
• Spiro Wave
• Inspiren
• Myovue
• Norbert
• Ponto
• Oxiwear
• Timesulin
• LPTv1
• Indiego
• Validose
• Cryomedica
• Australis Scientific - InConfidence

Quantifiable outcome

• 150+ products developed across portfolio companies
• +4 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core, major and minor.

• NewlabcoreStrategic or Co-development Partner · 1 January 2020Newlab spearheaded formation of the Emergency Ventilator Response consortium for Spiro Wave development, bringing together key strategic stakeholders and leading rapid collaboration during the COVID-19 pandemic response.
• Boyce TechnologiescoreImplementation/ SI/ Consulting Partner · 1 January 2020Provided design-for-manufacturing expertise required to prepare Spiro Wave design for production at scale. Led production efforts at their Long Island City, Queens factory during COVID-19 ventilator crisis.
• OtherlabmajorStrategic or Co-development Partner · 1 January 2020Independent research and design lab that helped drive and coordinate critical engineering processes among partners working across the country for Spiro Wave ventilator development.
• Gradian Health SystemscoreStrategic or Co-development PartnerLong-standing strategic partnership for development of medical devices including K-O2 multi-patient oxygen generator and Universal Anesthesia Machine. Gradian provides market access and clinical expertise while 10XBeta contributes engineering and product development capabilities.
• MIT (E-Vent Project)majorTechnology or Integration10XBeta iterated upon MIT's E-Vent open-source ventilator design, working through design-for-manufacturing process to create Spiro Wave solution that could be rapidly produced at scale.
• Salthouse DesignminorImplementation/ SI/ Consulting PartnerCooperated with Salthouse Design on industrial design concepts for OxiWear wearable oxygen monitoring device, creating small, modern and sleek designs tested through various fit tests.
• New York PresbyterianminorStrategic or Co-development PartnerInspiren founders Michael Wang and Paul Coyne worked together at New York Presbyterian where their clinical bedside nursing and analytics experience informed the development of the AI-powered patient care assistant.
• Wearable MediaminorImplementation/ SI/ Consulting PartnerPartnered with Wearable Media for optimal patterning and final fabrication of LPTv1 smart medical bag components.
• AE SuperlabminorStrategic or Co-development PartnerDesign critique partner for Inspiren AI-powered patient care assistant development.
• Center for DiscoveryminorStrategic or Co-development PartnerIndiego team developed open-source power add-on for wheelchairs at the Center for Discovery's maker lab, supported by a $1.125M Google.org grant.
• SunpeminorImplementation/ SI/ Consulting PartnerManufacturing partner for Norbert contactless vital signs scanner, providing vacuum casting and CNC machining services.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Human Ventures: New York-based venture studio that builds companies alongside founders. Comparable studio model to 10XBeta, though focused on consumer and enterprise rather than medical devices.
• StartX: Stanford-affiliated startup accelerator supporting founders across multiple verticals including MedTech. Comparable venture support model to 10XBeta's Fund/Build services, though less specialized in medical devices.

Direct peers

• StarFish Medical: Canadian medical device design, development, and contract manufacturing firm. Comparable to 10XBeta's Build and Manufacture services for Class I/II devices, with similar full-service MedTech product development offering.
• Ximedica: Medical device design and manufacturing partner based in Rhode Island. Provides integrated product development and ISO-certified manufacturing services comparable to 10XBeta's Build/Manufacture platform.
• Rock Health: Digital health venture fund and advisory that supports early-stage healthcare startups. Overlaps with 10XBeta on the Fund/Co-Invest side, particularly for connected health and digital therapeutic portfolio companies like Inspiren.
• Newlab: Brooklyn-based innovation hub and venture studio that partnered with 10XBeta on the Emergency Ventilator Response consortium for Spiro Wave. Operates a similar venture-building model focused on hardware-intensive startups including MedTech, and shares geographic and operational overlap.
• Fogarty Innovation: Non-profit medical device incubator based in Mountain View, CA that supports early-stage MedTech entrepreneurs from concept through commercialization. Comparable mission to 10XBeta's Build service for Class I/II connected devices.
• The Foundry: Menlo Park-based medical device incubator that creates, funds, and operates MedTech startups from concept through commercialization. Operates a closely analogous venture studio model to 10XBeta for Class II/III medical devices.

Broad incumbents

• IDEO: Global design and innovation consultancy that has historically supported MedTech ventures. Comparable to 10XBeta on design-led product development, though IDEO operates as a service consultancy rather than equity-incubating venture studio.
• Cambridge Consultants: Global product development and technology consultancy with deep MedTech practice. Comparable to 10XBeta on full-stack product engineering and FDA pathway expertise, but operates as a fee-for-service consultancy rather than equity-based venture studio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/10XBeta
• Facebookfacebook.com/10xbeta

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 10XBeta