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Flosonics Medical secured $20 million in Series C funding led by New Leaf Venture Partners to accelerate growth of FloPatch, a wearable Doppler ultrasound for hemodynamic assessments.

PRIVATEMar 19, 2024

Amount Raised

$20 Million

Round Type

Series C

TorontoBiotechnologyHealth CareMedicalMedical Device

Investors

I Gan PartnersGenesys CapitalArboretum VenturesNew Leaf Venture Partners

Description

Flosonics Medical announced its Series C financing, raising $20 million USD. The round was led by New Leaf Venture Partners, with participation from previous investors Arboretum Ventures, Genesys Capital, and iGan Partners. Vijay Lathi, an experienced MedTech investor, will join Flosonics Medical’s board of directors. The funding will support the company to innovate, drive market adoption of FloPatch, and improve patient management inside and outside the hospital.

Quick answer

Flosonics Medical raised $20 Million in a Series C round, dated March 19, 2024. Investors: I Gan Partners, Genesys Capital, Arboretum Ventures and New Leaf Venture Partners. Flosonics Medical is based in Toronto, Ontario, Canada.

How much did Flosonics Medical raise?
Flosonics Medical raised $20 Million in a Series C round on March 19, 2024.
Who invested in Flosonics Medical?
I Gan Partners, Genesys Capital, Arboretum Ventures and New Leaf Venture Partners are named as investors in this round.
What does Flosonics Medical do?
Flosonics Medical is a Canadian medical device company engaged in the research and development of innovative ultrasound technology.
Where is Flosonics Medical based and how big is it?
Flosonics Medical is based in Toronto, Ontario, Canada. Fundz records about 62 employees.
Who are the decision-makers at Flosonics Medical?
Fundz holds 3 contacts at Flosonics Medical, including the Director of Human Resources. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Medical Device around the same time

Companies in the same sectors as Flosonics Medical that raised within 45 days of this round, from Fundz verified event records.

  • neuroClues raised $5.4M (Pre-Series A) on April 30, 2024.
  • AtaCor Medical raised $28M (Series C) on April 24, 2024.
  • Nami Surgical raised $123K (Pre-Seed) on April 22, 2024.
  • Flyte raised $5M (Seed) on April 22, 2024.
  • Elucent Medical raised $43M (Series C) on April 10, 2024.
  • Neurovalens raised $2.7M (Seed) on April 8, 2024.

Who to call at Flosonics Medical, and when

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Company Information

Company

Flosonics Medical

Location

Toronto, Ontario, Canada

About

Flosonics Medical is a Canadian medical device company engaged in the research and development of innovative ultrasound technology. Founded in 2015, the company’s mission is to improve patient care and the practice of medicine through technology-enabled solutions and ground-breaking clinical research.

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Related People

3 contacts
Verified contactsBehn, Director of Human Resources hidden hiddenSee plans and pricing
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Flosonics Medical raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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