SeedFundersOrlando invests in Space Coast healthtech firm

An Orlando investment firm has poured nearly $200,000 into a health technology company from the Space Coast.

SeedFundersOrlando announced Monday that it had invested in Melbourne’s Kalogon, which was founded by aerospace engineers and has developed smart seating technology for those who stay seated for extended periods of time.

Seedfunders operations in Miami and St. Petersburg also participated in the round.

“The impact of pressure sores is preventable,” said Tim Balz, founder and CEO of Kalogon, while noting that the industry hasn’t advanced its technology in decades in a press release. “Our goal is nothing less than to improve the quality of life of millions of people and we are grateful for SeedFundersOrlando and their support of the mission.”

The company’s Smart Cushion is already in use at rehab centers and veterans’ hospitals in Tampa and around Central Florida.

The $195,000 from SeedFundersOrlando into Kalogon will help it grow its product, which electronically adjusts itself every few minutes to lessen pressure on the tailbone.

SeedFundersOrlando has invested in eight businesses since its creation in the third quarter of 2019.

Included among those are Blue Halo Biomedical in Winter Park and both ViewStub and Miventure in Orlando.

“Tim and his team are aerospace engineers that have brought the ‘Silicon Valley startup ethos’ to Florida and have demonstrated the ability to innovate and rapidly execute,” SeedFundersOrlando CEO Dennis Pape said in the release. “Their product addresses a growing and critical health issue for older Americans and promises to make a difference in the world. We are thrilled to help them do so.”