Health Health

iGan Partners in connection with Cosm Medical’s Seed financing round

On June 5, 2025, Cosm Medical announced it raised an undisclosed amount in a Seed financing round led by iGan Partners. The company plans to utilize the new capital towards its expansion plans to the United States, clinical validation and commercial growth. iGan Partners is a Toronto-based...

Lead Office: Toronto Date Announced: June 5, 2025 Value: --

PurposeMed in its growth financing round led by True North Fund

On March 4, 2025, PurposeMed announced the successful completion of its growth financing round led by True North Fund, with major participation by BDC and Panache Ventures. PurposeMed is a Calgary-based, high-growth digital health company that provides accessible and specialized healthcare...

Lead Office: Vancouver Date Announced: March 4, 2025 Value: --

KisoJi in its raising of $57-million Series B financing

On December 6, 2024, KisoJi announced it raised $57 million of Series B financing. This round was co-led by Investissement Québec and Lumira Ventures. The round also saw participation from Fonds de solidarité FTQ, adMare BioInnovations and Remiges Ventures. The company plans on utilizing the...

Lead Office: Montreal Date Announced: December 6, 2024 Value: $57 million

Healthkind in its closing of a $1.26-million Seed financing round

On December 2, 2024, Healthkind  announced the closing of a $1.26-million Seed financing round through BDC’s $100-million social impact fund for women-led businesses. This financing will be utilized towards the company’s goal of patient-clinic communications. Healthkind operates as a...

Lead Office: Toronto Date Announced: December 2, 2024 Value: $1.26 million

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

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...

Lead Office: Toronto Date Announced: March 20, 2024 Value: $20 million

Mind Medicine in its US$175-million underwritten public offering and concurrent private placement

Osler represented Mind Medicine (MindMed) Inc. as Canadian counsel in connection with its US$175-million underwritten public offering and concurrent private placement. Leerink Partners and Cantor acted as joint bookrunning managers for the underwritten offering and placement agents for the...

Lead Office: Vancouver Date Announced: March 14, 2024 Value: US$175 million

Clinia Health Inc. in its $10-million Series A financing round

On January 11, 2024, Clinia Health Inc. announced it closed a $10-million Series A financing round led by TELUS’ venture capital arm and entered into a strategic partnership with TELUS’ health technology services division. Clinia is based in Montréal and is focused on the digital healthcare...

Lead Office: Montreal Date Closed: January 11, 2024 Value: $10 million

American Academy Holdings LLC in its acquisition of Semantic Health

In November 2023, American Academy Holdings LLC (AAPC) has announced that it acquired Semantic Health Inc. (Semantic). Founded in 1988, AAPC is a leading global solutions provider in healthcare revenue cycle management (RCM) and the largest education and credentialing organization for RCM...

Lead Office: Toronto Date Closed: November 16, 2023 Value: -

Kento Health in its closing of a $4.1 million pre-seed financing round

On October 30, 2023, Kento Health announced that it raised $4.1 million in a pre-seed financing round. This round was led by Boreal Ventures and N49P and had participation from Broom Ventures and Graphite Ventures. The company plans on utilizing the funding towards expanding to the United...

Lead Office: Montreal Date Closed: October 30, 2023 Value: $4.1 million

Vital Biosciences in its raising of around US$18 million in a Series A financing round

On July 24, 2023, Vital Biosciences announced that they raised around US$18 million in a Series A financing round led by Lachy Groom and Northpond Ventures. This brings the company’s total funding to date US$48 million.Vital Biosciences is working on a new technology that can utilize a...

Lead Office: Toronto Date Closed: July 24, 2023 Value: US$18 million