Hot Investor Mandate 4: Institutional Firm Invests New Medtech & Digital Health Fund in the USA and Canada

1 Mar

A venture fund based in Canada and backed by a major financial institution in Europe is investing from a new $125 million evergreen fund closed in 2017. The firm looks for companies located in Canada and the United States, with preference given to companies located close to Montreal. The firm makes equity investments in progressive stages, ranging up to $7m and typically leads the round – although the firm is open to co-investing. The firm focuses on companies from early revenue stage all the way up to expansion stage. The firm can help provide portfolio companies with access to the European market.

The firm is interested in all areas of technology, and devotes about 40% of its fund to healthcare. The firm’s investments interests are mostly in medical devices, diagnostics, instrumentation and services, but the firm will also consider investments in breakthrough therapeutic technologies, so long as these will not require lengthy clinical trials. The firm is also interested in novel healthcare IT opportunities such as applications of AI and machine learning in healthcare. The firm seeks highly differentiated, disruptive technology; and does not invest in “me-too” products. The firm primarily invests in companies with revenue-generating products.

The firm seeks disruptive technology companies led by high-quality management teams, and prefers to work with managers who have had previous successes in technology start-ups. The firm has a significant network in Europe and can help portfolio companies commercialize their products and services in European markets.

If you are interested in more information about this investor and other investors tracked by LSN, please email

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: