MaRS IAF leads $3.3 mln Series A financing of Avenir Medical
Waterloo, Ontario-based Avenir Medical Inc, a medical devices company that develops intelligent instruments to improve joint replacement surgery, has received $3.3 million in a Series A financing round. The round was led by Canadian venture capital fund MaRS Investment Accelerator Fund, managed by MaRS Discovery District, with the participation of angel groups based in Waterloo, Toronto, and Boston. Funding proceeds will be used to accelerate Avenir's clinical and commercialization plans in North America and Europe.
3 October 2013•3 mins read
