# Ethnocare

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ethnocare

- Industry: Medical Devices & Equipment
- Headquarters: Montreal, Canada
- Website: www.ethnocare.ca
- Total disclosed funding: $1.9M
- Latest round: Seed (May 10, 2023)
- Investors on record: 3

## About

Based in Quebec, Canada, and founded in 2020, Ethnocare Inc. operates as a medical equipment firm that provides prosthetic devices. The company was founded by its CEO, Marc-Antoine Malouin, CTO, Louis-Philippe Garneau, and COO, Vincent Breton. In May 2023, Ethnocare Inc. raised CD 2.5 million in seed funding co-led by Anges Quebec, AQC Capital, and Investissement Québec.

Ethnocare develops and manufactures Overlay, a sports fabric sleeve that is used as a prosthetic device for amputated legs. The sleeve consists of a series of pneumatic cells, and it is designed to provide amputees with a comfortable and secure fit for their prosthetic leg. The company’s product line includes Airstream Liner, a prosthesis that offers comfort and mobility to amputees while helping to reduce sweating and increase air circulation around the residual limb.

The company plans to use the funds raised in May 2023 to support product development and commercialization.

## Funding rounds

- Seed, May 10, 2023, $1.9M — Investment Quebec, Anges Quebec, AQC Capital

## Investors

- Investment Quebec (https://capitalatlas.ai/funds/investment-quebec) — Seed
- Anges Quebec — Seed
- AQC Capital (https://capitalatlas.ai/funds/aqc-capital) — Seed