Company Profile

Avisi Technologies LLC
Profile last edited on: 1/11/22      CAGE: 85C07      UEI: NZBDAK6HKL31

Business Identifier: Utilizing nanoscale plate materials for glaucoma treatment
Year Founded
2017
First Award
2019
Latest Award
2020
Program Status
Active
Popularity Index
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Location Information

3401 Grays Ferry Avenue
Philadelphia, PA 19146
   (859) 468-3276
   avisitech@​gmail.co
   www.avisitech.com
Location: Single
Congr. District: 03
County: Philadelphia

Public Profile

With the founders having close ties to University of Pennsylvania and the Wharton School of Engineering, Avisi is a medical devices startup - currently resident in JPod Philadelphia - investigating the use of a nanoscale, ocular implant to stop blindness. Open Angle Glaucoma (OAG) is the second leading cause of vision loss and currently cannot be cured or reversed. Those having OAG experience excess fluid builds up inside the eye causing pressure that permanently damages the optic nerve. To address this condition, the Avisi Technologies team is developing VisiPlate - a nanoscale drainage implant that creates a new outflow pathway for aqueous humor in the eye. Excess fluid flows through VisiPlate (a 510(k) medical device) and is slowly absorbed into surrounding tissue over time - efectively alleviating pressure on the optic nerve. The nanotechnology underlying VisiPlate is a shape-recovering, plate metamaterial developed at the University of Pennsylvania. Being 1000x thinner than other tube shunts like the Ahmed Glaucoma Valve and the Baerveldt Implant, Visiplate decreases bleb profile and increases patient comfort. VisiPlate also mitigates risk of post-operative double vision, tissue erosion, and bleb failure from excess fibrosis around tube shunts. Compared to minimally invasive glaucoma surgeries (MIGS) such as the XEN Gel Stent and iStent, VisiPlate aims to lower pressure more effectively over time and reduce the need for procedures such as needling.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
5-9
Revenue Range
.5M-1M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
1-4

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2020 2 NSF $1,225,000
Project Title: Nanotechnology-Enabled Implant for Controlling Intraocular Pressure

Key People / Management

  Rui Jing Jiang -- Co-Founder and CEO

  Adarsh Battu -- Co-Founder

  Georgia E Griggs -- VP of R&D

  Brandon Kao -- Co-founder and CTO

  Samuel Nicaise -- Scientific Advisor