VA Angels invests in Innovative Trauma Care to advance injury solutions
VA Angels has provided a second round of funding to Innovative Trauma Care Inc, an Edmonton-based medical device start-up focused on developing solutions to address causes of preventable death in traumatic injury scenarios. The new round brings the company's total investment since its 2010 founding to $1.1 million. Funding proceeds will be used to expand Innovative Trauma Care's sales and marketing, as well as fully commercialize its product, reduce the cost of goods, and move the company towards a profitability position. Western Canadian members of VA Angels, which currently total 85, have done 57 deals for $28.3 million since the organization's inception in 2003.
26 November 2013•3 mins read
