The Ledger
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Hudson: Doppel requires $5 million to reach viability, not $1 million
“A small million dollar round doesn't really do much for the company. The number required to get to the other side will be somewhere in the five to six range.”
The Pitch Fund targets $50,000 starting investment into Dopl
“Yeah, it'd be probably 50,000 as our starting point, and then we'd move up just depending on valuation.”
Doppel hired the former regulatory consultants of its French competitor
“So we actually hired their former regulatory consultants.”
Doppel uses off-the-shelf Universal Robots hardware used in warehouses
“Yeah, this is an off-the-shelf robot that anyone can use. It's made by Universal Robotics. So this robot is not only used in medicine, it's also used to move boxes in warehouses and things like that.”
Doppel on track to launch first US telerobotic ultrasound system
“Yes, so right now, all of the big ultrasound manufacturers have been trying to tap into the rural market, but they can't because the specialists aren't there, and so we're on track to be first to market with a telerobotic ultrasound system in the U.S., and tha…”
Hudson commits minimum $25,000 investment into Dopl pending diligence
“No, I mean, look, depending on the price and depending on what I learned in diligence, we would do more, we won't do less than 25.”
Doppel projects FDA Class II 510(k) clearance by mid-2025
“In Europe and Canada, but not in the U.S. They haven't tried to sell their device in the U.S. Yet, and so that leaves this, not only this enormous market opportunity in the U.S. For us, but it also just like rolls out the red carpet in terms of getting FDA cle…”
Doppel converted four LOIs into contracts after hospital prototype tests
“Since starting our company two years ago, we've tested our prototype
In multiple hospitals, we've turned four LOIs into contracts”
Doppel Technologies is seeking to raise $4M
“And I'm here to raise four million dollars to build a future where everyone has the same access to care regardless of where they live.”
Doppel plans $60,000 hardware pricing plus $50-$100 per-procedure fee
“Our basic business model is, ah, cost us about 50 K to build the system. We're planning to sell the system for 60 K and then charge a 50 to 100 dollar per procedure fee, and so we really start to see economic success with volume of procedure.”