Hot AI Mandate: Canada-based VC Invests in Seed to Series B Digital Health and AI-enabled Medical Devices Companies

2 May

Based in Toronto, Canada, A healthcare venture capital firm typically makes equity investments into digital health and AI-enabled medical device companies at seed/series A-B stages and follow on rounds. The typical investment size ranges from $1.5 million to $ 7 million. The firm seeks to invest in approx. 2-5 digital health/AI-enabled medical device companies per year and focuses on companies based in North America, Europe and the GCC region.

The firm is currently looking for new investment opportunities in the Digital Health and AI-enabled Medical Device spaces. The firm is opportunistic in terms of indications. The firm prefers to invest in non-invasive device companies with clinical validation and some in-human data with a clear path to clinical adoption & reimbursement. For Digital Health, the firm prefers to invest in companies developing data platforms aimed at improving outcomes or processes, with first market pilots complete and approximately $250k ARR.

The firm seeks to invest in private companies. The firm considers pre-revenue companies, depending on sector and in companies who have has a strong commercial and technical management team.

If you are interested in more information about this investor and other investors tracked by LSN, please email RESI@lifesciencenation.com.

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