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BIOFEST INVEST APPLICANT
CVInc
- 990 North Bowser Road Suite 860, Richardson, Texas 75081, US
- www.covinc.com
Company Contact:
Legal Entity Type: S-Corp
Company Type: Manufacturing
Company Stage: Development
No. of Employees: 6
Desired Financial Amount: $450k
Background
Company Background
Our technology is an advanced packaging company.
We fabricated high density optical solutions. Our solution originated from designing imaging solutions for high energy physics.
As a result we can image solutions at sub cellular level. Our tools allow imaging down to tens of microns versus millimeters.
Management
Terence Collier is the president and owner with over 30 years in the semiconductor and packaging industry.
Board of directors
Terence Collier
Product / Service
disease area / application
cancer and diagnostic imaging.
product / Service
Our tool support higher resolution imaging systems.
We can go sub cellular and non-invasive.
Our tool would allow us to detect tumors and abnormal cell growth without going under the knife.
Our imaging system allows for retrofits to existing tools.
technology / ip
Patent pending on imaging board
distribution channels
Direct contact to tool makers using our marketing teams.
We also plan on attending medical shows.
market size
Market for medical imaging and high imaging solutions.
This is a multibillion dollar market. And if we can reduce unecessary invasive surgeries an even higher dollar.
competition
competitors are the existing tools. we want to approach and offer an improvement on the existing camera systems.
Financials
Desired financial amount
$450k
previous funding
$167k from DOE SBIR
current financials
Current financials dipped due to covid but are recovering.
This would be a new venture we would spin off as an imaging business.
financial use
Building a complete imaging tool and taking on the road as a marketing show and tell.
revenue
No sales as of yet
exit strategy
This tool will be used to build an imaging company. We might also license the build concept as its applicable to DOD, DOE, electronics packaging and energy companies