Medical device contract manufacturer launches in Minneapolis

Visura Technologies Inc., a privately owned medical device company based in Minneapolis, Minnesota, and YKK Corporation of America, a subsidiary of Japan-based YKK Corp., launched Evevo Manufacturing LLC, a new joint venture committed to serving emerging medical device companies in the Minneapolis ecosystem.

The unique relationship between the leadership teams of YKK and Visura Technologies led to the creation of the venture jointly owned by YKK and Visura.

“Evevo Manufacturing’s focus will be on supporting start-up and emerging medical device companies that often have a difficult time finding and keeping the attention of the contract manufacturing partners,” says Irvin Pierskalla, vice president of operations at Evevo Manufacturing. “The entire Evevo team has extensive experience in the start-up world; we’ve ‘been there and done that,’ so when clients come to us, we understand the stage they’re at and will be able to work with them to form a manufacturing partnership that meets their goals.”

“The launch of Evevo Manufacturing is extremely exciting and truly bridges a real gap in our ecosystem,” says Frank Jaskulke, vice president of innovation for the Medical Alley Association and head of Medical Alley Starts, a one-of-a-kind venture platform that accelerates the formation and growth of healthcare start-ups. “It is an important advancement for both YKK and Visura to invest in this joint venture and commit to further supporting Minnesota’s economy and emerging ventures.”

“Based on a proven technology and leadership team, YKK initially invested in Visura’s Series B financing round,” says Jim Reed, president of YKK Corporation of America. “Those discussions led to a unique opportunity for a joint partnership that brings YKK's strong manufacturing history to the world of medical device contract manufacturing.”

“The opportunity to have YKK as a new investor in Visura and then partner to build a new contract manufacturer to serve start-ups and young companies like us is incredible,” says Christine Horton, president and CEO of Visura Technologies.