Monteris Medical Adds $7.8M
Posted on: January 7, 2013 by StaffNo Comments »
Winnipeg, Manitoba and Kalamazo, Michigan-based Monteris Medical Inc. has closed on US$7.8 million in new financing. BDC Health Venture Fund, managed by the Business Development Bank of Canada, led the round, with participation from the SWMF Life Science Fund, and several unnamed investors. The total funding raised in 2012 approached US$16 million, the company said in a press release. Monteris Medical has been backed by a mix of Canadian and US venture capital funds since 2001.







