Cardiac Dimensions picks up $20 mln

Cardiac Dimensions said Wednesday that it has raised $20 million in funding. M. H. Carnegie & Co. and Lumira Capital led the round. Cardiac Dimensions is a developer of minimally invasive treatments that address heart failure and related cardiovascular conditions.

BAROnova Closes Series C

trong>BAROnova has closed its Series C financing of $27.3 million, led by investments from Sante Ventures and Boston Scientific Corporation, an innovator of medical devices and technologies. Investors included Series B investors ONSET Ventures, Highland Capital Partners and Arboretum Ventures, along with new investor Lumira Capital. Financial terms were not disclosed.

Ontario Venture Capital Fund Commits $70 million to Three Funds

Ontario Venture Capital Fund (OVCF) has committed $70 million to three Ontario-focused VC funds: Lumira Capital II, Celtic House Venture Partners IV and Rho Canada Ventures II. PRESS RELEASE: Ontario Venture Capital Fund (OVCF) today announced it has recently made commitments totalling $70 million to three leading Ontario-focused venture capital funds: Lumira Capital II, Celtic House […]

U-Systems Closes on $6.5M

U-Systems, a developer of automated breast ultrasound technology, has closed on $6.5 million from investors including iD SoftCapital Group, Lumira Capital, PIIH, Radius Ventures, and Sycamore Ventures. The company will use the funds to complete a clinical study, and complete submissions for regulatory approval with the Food and Drug Administration. U-Systems is based in Sunnyvale, Calif.

Lumira Capital Raising New Fund

Lumira Capital is planning to raise between $250 million and $300 million for its second fund, according to VentureWire. The Toronto-based VC firm was previously known as MDS Capital Corp., and focuses on the life sciences sector. www.lumiracapital.com

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