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Niowave, Inc.

127 employees

Niowave is a domestic supplier of medical and industrial radioisotopes from uranium fission and stable targets. Isotope inventories available for purchase include alpha, beta, and gamma sources. The system uses a superconducting linac instead of a nuclear reactor which is simpler to operate and less costly to license. It also eliminates the need for a nuclear reactor and weapons grade uranium (HEU). The small batch radiochemistry operations can be automated, and do not require licensing as a nuclear reprocessing facility. Isotope production and distribution utilize existing radiopharmaceutical supply chain and FDA approval processes.

Investor insights

Funding rounds participated in

$500K sweet spot round size

Investor type

Privately Held

Basic info

Industry

Pharmaceutical Manufacturing

Sectors

Pharmaceutical Manufacturing

Date founded

2005

Funding rounds raised

Total raised

$500K

from 1 investors over 1 rounds

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Niowave, Inc. raised $500K on May 11, 2023

Investors: Michigan Economic Development Corporation

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