Emerging and High Growth Companies

Flosonics Medical’s US$20-million Series C funding round with participation from iGan Partners and Genesys Capital

Flosonics Medical, iGan Partners and Genesys Capital
Key Contacts
Ryan Unruch

Partner, Emerging and High Growth Companies, Toronto

André Perey

Partner, Emerging and High Growth Companies, Toronto

Team
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Jennifer Humphrey

Associate, Emerging and High Growth Companies, Toronto

Bryan Salazar

Associate, Emerging and High Growth Companies, Toronto

Daniel Tyberg

Associate, Emerging and High Growth Companies, Toronto

Andrew Irwin

Associate, Emerging and High Growth Companies, Toronto

On March 20, 2024, Flosonics Medical announced it raising of US$20 million in a Series C financing round. This round was led by New Leaf Venture Partners and saw participation from Genesys Capital, iGan Partners and Arboretum Ventures. Flosonics Medical will utilize the funding towards product development and advancement.

Flosonics Medical is a developer of non-invasive devices with an emphasis of wearable sensors, ultrasound and connected devices.

iGan Partners is a venture capital firm that focuses on investing capital and expertise in healthcare companies.

Genesys Capital is a venture capital firm that focuses on investing in companies in the high-growth sectors of life sciences.

New Leaf Venture Partners is a venture capital firm with an emphasis on healthcare technology companies. Osler, Hoskin & Harcourt LLP advised Flosonics Medical with a team consisting of Ryan Unruch, Chad Bayne, Jennifer Humphrey, Bryan Salazar and Daniel Tyberg (Emerging and High Growth Companies). Osler also advised iGan Partners and Genesys Capital with a team consisting of André Perey and Andrew Irwin (Emerging and High Growth Companies).

Value
$20 million
Date Announced
Mar 20, 2024
Lead Office
Toronto
Key Contacts
Ryan Unruch

Partner, Emerging and High Growth Companies, Toronto

André Perey

Partner, Emerging and High Growth Companies, Toronto

Team
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Jennifer Humphrey

Associate, Emerging and High Growth Companies, Toronto

Bryan Salazar

Associate, Emerging and High Growth Companies, Toronto

Daniel Tyberg

Associate, Emerging and High Growth Companies, Toronto

Andrew Irwin

Associate, Emerging and High Growth Companies, Toronto