Emerging and High Growth Companies

Amplitude Ventures and Lifearc Ventures in connection with Fluid Biomed's $27-million financing Amplitude Ventures and Lifearc Ventures in connection with Fluid Biomed's $27-million financing

Amplitude Ventures and LifeArc Ventures
Key Contact
Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

Team
Patrick Musgrave

Associate, Emerging and High Growth Companies, Calgary

On December 16, 2024, Fluid Biomed announced the close of its $27-million Series A funding round co-led by Amplitude Ventures and an undisclosed investor, with follow-up investment from LifeArc Ventures. Fluid Biomed plans to use the funds to fuel the development of its innovative stent for brain aneurysms.

Amplitude Ventures, based in Canada, is a full-stack venture capital firm using a unique growth model to build breakout companies based on groundbreaking technology and with world-class management teams.

LifeArc Ventures, based in the United Kingdom, invests in early-stage science-led companies that can benefit from their advice, scientific insight and venture funding.

Osler, Hoskin & Harcourt LLP advised Amplitude Ventures and LifeArc Ventures with a team consisting of Michael Grantmyre and Patrick Musgrave (Emerging and High Growth Companies).

Value
$27 million
Date Announced
December 16, 2024
Lead Office
Calgary
Key Contact
Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

Team
Patrick Musgrave

Associate, Emerging and High Growth Companies, Calgary