Visura Technologies and YKK Corporation of America announce a new joint venture to better serve the Minneapolis ecosystem of emerging start up medical device companies
MINNEAPOLIS, November 28, 2023 -- Visura Technologies, Incorporated, a privately owned medical device company based in Minneapolis, and YKK Corporation of America, a subsidiary of Japan-based YKK Corporation, today announced the launch of Evevo Manufacturing LLC, a new joint venture committed to serving emerging medical device companies in the Minneapolis ecosystem.
The unique relationship between the leadership teams of YKK and Visura Technologies led to the creation of the joint venture. Evevo Manufacturing is jointly owned by YKK and Visura.
“Evevo Manufacturing’s focus will be on supporting start-up and emerging medical device companies that often have a difficult time finding and keeping the attention of the contract manufacturing partners,” said Irvin Pierskalla, vice president of operations at Evevo Manufacturing. “The entire Evevo team has extensive experience in the start-up world; we’ve ‘been there and done that,’ so when clients come to us, we understand the stage they’re at and will be able to work with them to form a manufacturing partnership that meets their goals.”
“The launch of Evevo Manufacturing is extremely exciting and truly bridges a real gap in our ecosystem,” said Frank Jaskulke, vice president of innovation for the Medical Alley Association and head of Medical Alley Starts, a one-of-a-kind venture platform that accelerates the formation and growth of healthcare start-ups. “It is an important advancement for both YKK and Visura to invest in this joint venture and commit to further supporting Minnesota’s economy and emerging ventures.”
“Based on a proven technology and leadership team, YKK initially invested in Visura’s Series B financing round,” said Jim Reed, president of YKK Corporation of America. “Those discussions led to a unique opportunity for a joint partnership that brings YKK's strong manufacturing history to the world of medical device contract manufacturing.”
“The opportunity to have YKK as a new investor in Visura and then partner to build a new contract manufacturer to serve start-ups and young companies like us is incredible,” said Christine Horton, president and CEO of Visura Technologies.
More information about Evevo Manufacturing can be found at http://evevo-mfg.com. About YKK YKK solves the most complex fastening and attaching challenges. Since the company’s founding in Tokyo in 1934, YKK has continuously set industry standards for quality, innovation, and sustainability in the production of zippers, plastic hardware, hook and loop fasteners, webbing tapes, and snap and buttons. YKK’s “solutions-first” approach leverages its extensive product and machinery portfolio, engineering expertise, and integrated production, service, and supply chain solutions in 70+ countries/regions, leaving it well-positioned to support the growth of customers of all sizes and adapt to their evolving business needs. Guided by the CYCLE OF GOODNESS® philosophy – no one prospers without rendering benefit to others – YKK aims to contribute to a sustainable society through its products and manufacturing operations and constantly seeks new ways to serve the changing needs of its customers while at the same time investing in its employees and giving back to its communities.
About Visura Visura is a privately held medical device company dedicated to delivering state-of-art visualization solutions to improve the safety and success of TEE probe intubation. They have developed the TEECAD System, the world's first and only, FDA-cleared, disposable camera that seamlessly connects to a TEE probe, providing physicians real-time visualization for more efficient and effective probe placement to support safer intubation. For more information, please visit www.visuratechnologies.com.
Contacts:
Visura
Shelli Lissick
651-276-6922
Evevo:
Jodi Lamberti
jlamberti@evevo-mfg.com
612.812.7477
YKK Corporation of America
Jessica Cork
770-261-6123