Health Health

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 in the...

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

Mind Medicine in its successful proxy contest against FCM MM Holdings, LLC

Osler advised Mind Medicine (MindMed) Inc. on its successful proxy contest against FCM MM Holdings, LLC. MindMed announced that, based upon a preliminary vote assessment, shareholders have elected all six of MindMed’s nominees to the board of directors at the annual general meeting of...

Lead Office: Toronto Date Closed: June 21, 2023 Value: -

Finni Health in its raising of $3.2 million of seed funding

On June 12, 2023, Finni Health announced that it raised $3.2 million of seed funding in a round led by General Catalyst and had participation from YCombinator, Wayfinder Ventures, Andrew Adams and Divya Bhatt. Finni Health plans to utilize the funding towards empowering autism providers to...

Lead Office: Toronto Date Closed: June 12, 2023 Value: $3.2 million

VitaminLab in its Series A investment round led by Nimbus Synergies and DSM Venturing

On May 8, 2023 , VitaminLab announced the closing of its Series A investment round co-led by Nimbus Synergies and DSM Venturing. VitaminLab plans to utilize the funding to expand their facilities, automation lines and their market activities across North America. The company has been thriving...

Lead Office: Toronto Date Closed: May 8, 2023 Value: -

Felix in its raising of $18 million in a Series B financing round

On April 5, 2023, Felix announced it had raised $18 million in a Series B financing round. The company plans to utilize this funding to offer access to more complex categories of healthcare.Felix Health Inc. is a patient-driven digital healthcare company empowering people to take control of...

Lead Office: Toronto Date Closed: April 5, 2023 Value: $18 million