The Slater Technology Fund today announced it has committed $500,000 to Innovention Technologies LLC, a medical robotics startup founded in western Pennsylvania that recently moved its headquarters to Middletown.

Innovention was founded in 2005 as a collaboration between scientists and clinicians from Carnegie Mellon University and the University of Pittsburgh. Since its inception, it has been operating within the Pittsburgh Life Sciences Greenhouse, a state-funded incubator for early-stage life sciences company.

[CEO David] Wagner described New England as one of "about three medical device technology centers in the world," along with Minnesota and Silicone Valley. “We have chosen to locate the company in a region whose talent pool in medical devices is truly world-class,” he said of the move, “and we could not be more excited about the progress being made.”