iGan Partners gains exit with acquisition of Rhythm Xience

Canadian healthcare technology venture capital firm iGan Partners has exited its investment in Rhythm Xience, an Eden Prairie, Minnesota-based medical device company. The exit resulted from Rhythm's acquisition by Carlsbad, California's Acutus Medical, a venture capital-backed arrhythmia care provider. Founded in 2014, Rhythm designs, develops and makes solutions used in catheter-based cardiac rhythm management. Toronto-based iGan, which earlier this year closed its first fund, iGan Fund I, at $100 million, led Rhythm's last financing in 2018.

24 June 2019•2 mins read
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