Thornhill Medical closes Series A round with Yonghua Capital
Toronto-based medical device developer Thornhill Medical has raised an undisclosed Series A financing. The round was led by Yonghua Capital, a Chinese private equity firm. Thornhill, spun out of University Health Network in 2003, develops and manufactures devices in the areas of vascular diagnostics, emergency medical services and field medicine, and patient safety. The company will use the funds raised for its released line of emergency mobile products, sales and marketing, and continued clinical research in non-invasive cardiac and brain stress testing. Thornhill is led by President and CEO Kipton Lade.
20 July 2018•3 mins read
