Formation to Funding: Conversing with Metamason on Launching a Successful 3D Printed Healthcare Start-Up

87 N Raymond Avenue #202, Pasadena, CA 91103

[email protected] 415.694.8699metamason™, inc. © Confidential and Proprietary

Draft Copy, for Discussion Only

Formation To Funding:Starting a 3D Printing MedTech Start-Up w/

NEW YORK SPRING 2016

Leslie Oliver Karpas CEO & Founder

Clifford Sarkin CFO/COO & Co-Founder





$80M Exit to MicrosoftDir. OperationsDir. Operations




3d printing forecast to be a $21B+ by 2020 -Ben Uglow, Morgan Stanley

Siemens predicts 3d printing will become 50% cheaper and 400% faster in the next 5 years

By 2020, healthcare will spend $1.2B on printing a year -Grand View Research

$3d printing business trends





Custom CNCs & Machine Vision3D Printing since 1999PSI3D Modeling since 1993




History




$600m+ net revenue in 2013, the best selling printed product in the world

90% of the world’s hearing aids are printed, with 10m+ sold to date

a startup doing scan to fit orthotics just closed their series b, w/ $20m+ raised

money in personalization




bone replacement




prosthetic limbs




4d biomaterials




hearing aids




mass personalization




no more least bad for most people




“3D Printing is hitting the ‘Trough of Disillusionment’... It’s still too hard for common people.” - Jeff Kowalski, Autodesk CTO

Inside 3D Printing, Santa Clara 2014

Core Mission: Create 3D Printing’s Killer App







?where’s the killer app?




?printers = early computers

we’re the home brew computer club




edit publishfax

it’s the content, not the tools




software is the bridge







3d printed medicine today

DICOM

.STL /CAD

3D

measurement

fea/cfd simulation

medical model




scan (input)

fit(interface)

print(instantiate)

Core Philosophy

META-MODERISM




The hole in capability is durable, soft, and

safe, products.

BIO-COMPATIBLE(suitable for long term skin contact)BIO-INCOMPATIBLE

RIGID

ELASTIC

3d printed bionic earDepartment of Mechanical and Aerospace

Engineering, Princeton University

3d printed hearing aidstarkey

3d-printed dress for dita von teeseMichael Schmidt and Francis Bitonti

kinematicsn-e-r-v-o-u-s system

pla yodathingiverse

mail opening devices

hao-chun huang

tango photo-polymerstratasys

filaflexrecreus

ninjaflexfenner drives

layer wisedepartment of mechanical university of hasselt biomed research institute

titanium eyewearhoet

dental alignerinvisalign

positioning in 3d pringting

Metamason, Inc. © 保密和专有稿件仅供讨论

87 N Raymond Ave. S202, Pasadena, CA 91103, [email protected] +1.415.694.8699

OSA 治疗产品对比

鼻枕式面罩

市场份额

舒适度

气密性

美观性

持续体验

口鼻面罩下颚前移口腔加压治疗RESPERE




print

scan

fitMeta-Moderism in Practice




POOR SEAL

NOSTRILS ABRADED BY MASK

TANGLED HOSE

cpap issues

STRAPS MARK FACE

Initial Vertical: CPAP Masks




respere tm: TRULY PERSONALIZED RESPIRATORY DEVICES VIA 3D SCANNING & PRINTING




NASAL FITTING ADJUSTMENT

ACCESSORY SELECTION

HOSE ADJUSTMENT

BRIDGE DESIGN

STRAP CONFIGURATION

STRAP PLACEMENT

respere features




respere tm: TRULY PERSONALIZED RESPIRATORY DEVICES VIA 3D SCANNING & PRINTING




Future Vertricals

MEDICAL

SPORTS /FASHION

MILITARY / MUNICIPAL

INTIMATEAPPAREL

Bras / Panties /Body Shapers

Cervical Caps / Menstrual Cups

Breast Pump Nipple Interfaces

Adult Toys

BODY SUITS

Pre-Loaded Workout Gear

Physical Therapy

Bio-Mechanical Enhancement

BODY PADS

Joint Braces

Contact Sports Padding

Protective Gear

Battle Helmets / Armor

Bike Seats

GEAR GRIPS

Golf Clubs

Tennis Rackets

Walking Aids

Equipment Interfaces /

Fire Arm Grips

FACE MASKS

Scuba

Pollution

Augmented Reality / VR

Tactical / Vehicle




Lessons Learned

• Use time as a weapon (never stop shopping)

• The smaller the amount invested, the nearer the exit desired (pitch to your audience)

• Understand your alignment

• What makes a bad investor or good one?

investors




Lessons Learned

• There is no part-time

• Why quit today, when you can quit tomorrow

• Complementary skills & Compatibility are keys

• There is no ‘me’, only ‘we’

entrepreneurs




Lessons Learned

• Master the greater trends in your ecosystem

• Patents are a financial time bomb

• Never loose the ‘unmet need’ & those processes that have become obsolete under the radar

pro tips




[email protected]

Formation To Funding:Starting a 3D Printing MedTech Start-Up w/

NEW YORK SPRING 2016



Technology

Formation to Funding: Conversing with Metamason on Launching a Successful 3D Printed Healthcare Start-Up