Newport Beach, California – Stimusil, a leading innovator in the hair regrowth industry, is pleased to announce its participation in Octane’s Aesthetics Tech Forum on January 26th and 27th, 2023 in Newport Beach, California. Stimusil was selected to present from dozens of applicants, highlighting the company’s cutting-edge technology and innovative approach to hair regrowth.
At the Forum, Stimusil will be presenting its patented hair regrowth system, which uses advanced proprietary technology to deliver pulsed lasers below the melanin layer. The treatment is non-invasive and has been shown to be 3x more effective than minoxidil or finasteride.
“We are honored to have been selected to present at the Aesthetic Tech Forum,” said Pablo Villalba, owner of Stimusil. “Our hair regrowth system represents a major advancement in the industry, and we are excited to share it with the attendees at the forum.”
In addition to presenting its technology, Stimusil will also be seeking potential investors and commercialization partners at the event. “We believe that our hair regrowth system has the potential to revolutionize the industry, and we are eager to connect with like-minded companies and individuals who share our passion for innovation,” said Villalba.
Stimusil’s hair regrowth system is designed for clinical success, offering 60% profit margins, and is a 20-minute lunchtime procedure performed by clinical assistants. It is commercialized as a reusable device ($9k) with single-use cartridges ($70). Patients are treated over 10-12 visits with the base treatment, or 5-6 with the exosome-boosted version. We look forward to showcasing our technology at the Aesthetic Tech Forum and exploring new opportunities for growth.
Octane just celebrated its 20th year supporting innovative high-tech, medical-tech, and climate-tech companies through Orange County and the larger Southern California region. The Aesthetics Tech Forum is one of six signature industry events hosted by Octane each year in which thousands of investors and industry partners convene. This year’s Aesthetics Tech Forum will highlight 15 small businesses with important clinical and technical innovations within the aesthetic industry.
“We are very excited to have Stimusil present at our event,” said Bill Carpou, Octane’s CEO. “The Octane small business accelerator attracts hundreds of world-class startups every year and the lineup at this year’s event is exceptional.”
In addition to the Aesthetics Tech Forum, Octane hosts the Tech Innovation Forum, Opthalmology Tech Forum, Medical Innovation Forum, Cardiovascular Tech Summit, and annual High Tech Awards. Octane’s non-profit accelerator assisted 288 companies in 2022 and more than 150 have already received direct investments totaling over $400 million.
Octane convenes and enables the Southern California technology and medical technology business ecosystem by connecting people, resources, and capital. Its members represent technology executive leaders, entrepreneurs, investors, venture capitalists, academicians, and strategic advisors, all working together to fuel innovation in the OC. The organization has helped more than 1,500 companies via the LaunchPad SBDC accelerator. LaunchPad companies have received more than $2.85 billion in investment and equity exits. Octane annually welcomes more than 7,000 people to its programs and events. More than 2,000 business leaders throughout the region are Octane members. For more information, visit www.octaneoc.org