Tech Startups Innovate in Regulated Industries Amid Challenges
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Founders Gabriel Sanchez of Enspectra Health and Tom Harries of Earth Funeral discuss the unique challenges they face in heavily regulated industries. According to TechCrunch, Sanchez details Enspectra's nearly decade-long journey to obtain FDA clearance for its skin imaging device.
Meanwhile, Harries talks about launching a human composting service as an alternative to traditional burial and cremation methods. Both founders highlight the importance of navigating complex regulatory frameworks, including state-by-state regulations and cultural taboos, while offering tactical advice on how to iterate during long approval processes, manage financial runway, and attract venture capital in industries often deemed too taboo by investors.