Who Funds Medical Devices Startups in Alabama?

Complete funding guide for medical devices entrepreneurs in Alabama. Find 7 VC funds, 4 accelerators,3 angel networks, and 5 grant opportunities.

$134M
Total 2025 Funding
244
Deals Completed
$5M
Avg Round Size
11
Active Funders

Medical Devices Startup Funding Landscape in Alabama

Market Overview

The medical devices startup ecosystem in Alabama has experienced remarkable growth, with $134M in funding across 244 deals in 2025.This represents 15% year-over-year growth compared to the previous year, positioning Alabamaas a highly competitive market formedical devices innovation.

The average funding round size of $5M reflects strong investor confidence in Alabama-based medical devices startups. Competition levels are currently high, with 7 active VC funds specifically targeting this sector.

Top Funded Sectors in Alabama

Medical DevicesArtificial IntelligenceSoftware As A Service

Location Advantages

Alabama offers a concentrated medical devices ecosystem with specialized talent

Strong government support for medical devices innovation and R&D tax incentives

Access to leading universities and research institutions in the region

Lower operational costs compared to traditional tech hubs like San Francisco

Success Factors for Medical Devices Startups

  • Deep expertise in medical devices domain
  • Strong technical team with proven track record
  • Clear market validation and customer traction
  • Scalable business model with defensible moats
  • Access to industry-specific mentors and advisors

Medical Devices VC Funds in Alabama

7 active funds

Alabama Medical Devices Partners A

📍 Alabama📅 Founded 2010💰 $545M AUM

series-b stage focus • 53 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise Software

Recent Medical Devices Investments

Medical DevicesCorp 1
Alabama AI
DataMedical Devices Inc
Active in medical devices sector • Invests in Alabama-based startups
Learn More →

Alabama Medical Devices Partners B

📍 Alabama📅 Founded 2018💰 $450M AUM

series-b stage focus • 62 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise SoftwareArtificial Intelligence

Recent Medical Devices Investments

Medical DevicesCorp 2
Alabama AI
DataMedical Devices Inc
Active in medical devices sector • Invests in Alabama-based startups
Learn More →

Alabama Medical Devices Partners C

📍 Alabama📅 Founded 2012💰 $411M AUM

series-a stage focus • 69 portfolio companies

$5M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise SoftwareArtificial Intelligence

Recent Medical Devices Investments

Medical DevicesCorp 3
Alabama AI
DataMedical Devices Inc
Active in medical devices sector • Invests in Alabama-based startups
Learn More →

Alabama Medical Devices Partners D

📍 Alabama📅 Founded 2012💰 $471M AUM

series-a stage focus • 58 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise Software

Recent Medical Devices Investments

Medical DevicesCorp 4
Alabama AI
DataMedical Devices Inc
Active in medical devices sector • Invests in Alabama-based startups
Learn More →

Alabama Medical Devices Partners E

📍 Alabama📅 Founded 2013💰 $329M AUM

seed stage focus • 49 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise Software

Recent Medical Devices Investments

Medical DevicesCorp 5
Alabama AI
DataMedical Devices Inc
Active in medical devices sector • Invests in Alabama-based startups
Learn More →

Alabama Medical Devices Partners F

📍 Alabama📅 Founded 2019💰 $380M AUM

series-b stage focus • 49 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise SoftwareArtificial Intelligence

Recent Medical Devices Investments

Medical DevicesCorp 6
Alabama AI
DataMedical Devices Inc
Active in medical devices sector • Invests in Alabama-based startups
Learn More →

Alabama Medical Devices Partners G

📍 Alabama📅 Founded 2010💰 $255M AUM

series-b stage focus • 53 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise Software

Recent Medical Devices Investments

Medical DevicesCorp 7
Alabama AI
DataMedical Devices Inc
Active in medical devices sector • Invests in Alabama-based startups
Learn More →

Medical Devices Accelerators in Alabama

4 programs

Alabama Medical Devices Accelerator 1

📍 Alabama⏱️ 12-16 weeks👥 19 startups/batch
$157K
for 6% equity
84% success rate

Program Focus

Medical DevicesStartup GrowthProduct Development
Next Application Deadline: 2024-07-15
Meetings:
Apply Now →

Alabama Medical Devices Accelerator 2

📍 Alabama⏱️ 12-16 weeks👥 20 startups/batch
$293K
for 5% equity
87% success rate

Program Focus

Medical DevicesStartup GrowthProduct Development
Next Application Deadline: 2024-11-15
Meetings:
Apply Now →

Alabama Medical Devices Accelerator 3

📍 Alabama⏱️ 12-16 weeks👥 20 startups/batch
$289K
for 7% equity
84% success rate

Program Focus

Medical DevicesStartup GrowthProduct Development
Next Application Deadline: 2024-03-15
Meetings:
Apply Now →

Alabama Medical Devices Accelerator 4

📍 Alabama⏱️ 12-16 weeks👥 18 startups/batch
$169K
for 6% equity
76% success rate

Program Focus

Medical DevicesStartup GrowthProduct Development
Next Application Deadline: 2024-08-15
Meetings:
Apply Now →

Angel Investor Networks in Alabama

3 networks

Alabama Medical Devices Angels

👥 92 members💰 $50K avg investment

📍 Alabama

Focus Industries

Medical DevicesTechnologyInnovation
Meets: Monthly
Connect →

Alabama Medical Devices Angels

👥 66 members💰 $67K avg investment

📍 Alabama

Focus Industries

Medical DevicesTechnologyInnovation
Meets: Monthly
Connect →

Alabama Medical Devices Angels

👥 80 members💰 $55K avg investment

📍 Alabama

Focus Industries

Medical DevicesTechnologyInnovation
Meets: Monthly
Connect →

Medical Devices Grants Available in Alabama

SBIR Medical Devices Grant

by Alabama Innovation Agency

Medical Devices startups based in Alabama

$1M
Grant Amount
Deadline: 2024-04-28Apply →

STTR Medical Devices Grant

by Alabama Innovation Agency

Medical Devices startups based in Alabama

$100K
Grant Amount
Deadline: 2024-11-28Apply →

State Innovation Medical Devices Grant

by Alabama Innovation Agency

Medical Devices startups based in Alabama

$100K
Grant Amount
Deadline: 2024-12-28Apply →

Federal Research Medical Devices Grant

by Alabama Innovation Agency

Medical Devices startups based in Alabama

$500K
Grant Amount
Deadline: 2024-10-28Apply →

SBIR Medical Devices Grant

by Alabama Innovation Agency

Medical Devices startups based in Alabama

$50K
Grant Amount
Deadline: 2024-05-28Apply →

2025 Funding Timeline for Medical Devices Startups in Alabama

Q1 2025

Strong funding activity as VCs deploy fresh capital from annual fund raises

Q2 2025

Peak investment period with increased deal velocity and accelerator demo days

Q3 2025

Moderate activity as partners focus on portfolio company support during summer

Q4 2025

Year-end push to deploy remaining capital and close pending deals

Best Months to Fundraise in Alabama

FebruaryMarchMay

Frequently Asked Questions: Medical Devices Funding in Alabama

How competitive is medical devices startup funding in Alabama?

Medical Devices startup funding in Alabama is high, with 7 active VC funds and 4 accelerator programs competing for deals. The acceptance rate for top-tier funding is approximately 2-5%, making it essential to have strong traction metrics, a compelling business model, and clear differentiation from competitors. Success factors includeDeep expertise in medical devices domain, Strong technical team with proven track record, Clear market validation and customer traction.

What's the average funding amount for medical devices startups in Alabama?

Medical Devices startups in Alabama raise an average of $5M per funding round, based on 244 deals completed in 2025. This represents 15% year-over-year growthcompared to the previous year. Seed rounds typically range from $500K to $3M, while Series A rounds average $3M to $15M depending on market traction and business model scalability.

Which medical devices accelerators in Alabama have the highest success rates?

Top medical devices accelerators in Alabama report success rates of 75-85% for follow-on funding, with program lengths ranging from 12-16 weeks and equity terms of 4-7%. The most successful programs focus onmedical-devices and startup-growthand provide extensive mentor networks, investor connections, and post-graduation support lasting 2+ years.

What are the key advantages of starting a medical devices company in Alabama?

Alabama offers several unique advantages for medical devices startups: Alabama offers a concentrated medical devices ecosystem with specialized talent, Strong government support for medical devices innovation and R&D tax incentives, and Access to leading universities and research institutions in the region. The local ecosystem includes 7 specialized VC funds, 3 angel networks, and 5 grant programs specifically supporting medical devices innovation.

When is the best time to fundraise for medical devices startups in Alabama?

The optimal fundraising months in Alabama are February, March, May, when investor activity peaks and deal velocity increases. Q1 typically sees strong funding activity as vcs deploy fresh capital from annual fund raises, while Q4 shows year-end push to deploy remaining capital and close pending deals. Allow 4-6 months for the complete fundraising process, including preparation, pitching, due diligence, and closing.

How can I connect with medical devices investors in Alabama?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 7 active VC funds in Alabama. Join relevant medical devices meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like Alabama Medical Devices Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your Medical Devices Funding Action Plan for Alabama

1

Research & Prepare

  • • Analyze the 7 VC funds targeting medical devices
  • • Review portfolio companies and investment criteria
  • • Prepare compelling pitch deck and financial projections
  • • Gather customer testimonials and traction metrics
2

Apply & Connect

  • • Apply to 4 relevant accelerator programs
  • • Connect with 3 angel investor networks
  • • Apply for 5 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

  • • Target optimal fundraising months: February, March
  • • Leverage Alabama's medical devices ecosystem
  • • Plan for 4-6 month fundraising timeline
  • • Prepare for high competition levels
Who Funds Medical Devices Startups in Alabama? Complete 2025 Guide