Tech Company Financing Transactions
FloSonics Funding Round
FloSonics, based in Sudbury ON, secured $14 million from Arboretum Ventures, Genesys Capital and iGan Partners.
Transaction Overview
Company Name
Announced On
2/3/2021
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds for commercial launch in North America and new product development.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
56 Walford Rd.
Sudbury ON, P3E 2H2
Canada
Sudbury ON, P3E 2H2
Canada
Phone
Website
Email Address
Overview
Flosonics is a medical device company focused on developing non-invasive sensors to improve the management of critically ill patients.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 2/3/2021: NWO.ai venture capital transaction
Next: 2/3/2021: Capital Rx venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs