Swallow Solutions, a Madison company developing products to help people with swallowing problems, has landed $1.05 million in financing from a group of investors.
The funds will “expand our resources available and advance some new designs,” chief executive officer Bob Carlson said.
Based on the research of UW-Madison School of Medicine professor JoAnne Robbins, Swallow Solutions has developed the MOST, or Madison Oral Strengthening Therapeutic device, a mouthpiece with sensors that connects to a computer. It is aimed at assessing and strengthening muscles used for swallowing.
Carlson said Swallow Solutions has begun selling the MOST device to speech pathologists and to the Veterans Administration medical system. He said a second version of the MOST will be released this spring and a simpler device, called the MORE, or Madison Oral Resistance Exercise, will be out this summer. The company also is working on nutritional products for people with swallowing problems.
Swallow Solutions has four employees and offices at 313 Price Place. Its devices are manufactured at Simplex Scientific, Middleton, Carlson said.
Leading the funding round is Venture Management, Madison, with participation by NEW Capital Fund, Appleton; Wisconsin Investment Partners, Madison; and individual investors. Along with a $250,000 matching loan from the Wisconsin Economic Development Corp., Swallow Solutions has raised a total of nearly $1.6 million.