Tech Company Financing Transactions
Fluid Biomed Funding Round
Fluid Biomed closed a $27 million Series A venture capital round on 12/16/2024. Backers included Amplitude Ventures, IAG Capital Partners and LifeArc.
Transaction Overview
Company Name
Announced On
12/16/2024
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its R&D sector.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
3655 36 St NW
Calgary, Alberta, T2L 1Y8
Canada
Calgary, Alberta, T2L 1Y8
Canada
Phone
Undisclosed
Website
Email Address
Overview
Fluid Biomed is a medical device start-up founded by two neurosurgeons, Dr. John Wong and Dr. Alim Mitha, at the University of Calgary who have developed a polymer-based stent that can heal a blood vessel by diverting blood flow away from a weak brain aneurysm. Working together for the past two decades to help people with stroke, their drive and commitment to improve patient health sparked a vision to create a radical new stent to cure a wide variety of aneurysms with greater efficiency and safety.
Management Team
Title
Name
Email & Social
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