Fluid Biomed

Medical Devices & EquipmentSeries ACalgary, Canadafluidbiomed.com

Latest round

Series A

Last raised

Dec 2024

Total raised

$32M

Investors

12

About Fluid Biomed

Founded in 2012, Fluid Biomed Inc. focuses on developing advanced medical devices. The company has not undergone any significant business pivots or changes in operations. Fluid Biomed is headquartered in Calgary, Canada, and was co-founded by Alim Mitha and John Wong, who also serves as the CEO.Fluid Biomed's primary product offering is a polymer-based brain stent engineered to treat aneurysms, affecting up to 5% of the global population. This stent combines polymer and metal to provide a scaffold for endothelial cell growth, enhancing healing and reducing post-procedure complications. The proprietary delivery system allows for precise navigation within the brain's blood vessels, and the polymer component dissolves over time, facilitating follow-up imaging procedures.Fluid Biomed generates revenue through direct sales of its brain stents to hospitals and specialized medical facilities. Operating on a B2B model, the company sells its advanced medical devices to healthcare providers for surgical procedures aimed at brain aneurysms. The pricing aligns with industry standards for high-tech medical devices, reflecting the unique benefits of their hybrid polymer-metal design. The company plans to expand its product line and is focusing on entering new geographic markets, particularly in Asia, by 2025.

Who invested in Fluid Biomed

12 investors across 2 rounds

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Funding rounds

  1. Series A

    Dec 16, 2024

    Amount

    $27M

    Investors

    Locked

  2. Seed

    Aug 11, 2021

    Amount

    $4.6M

    Investors

    Locked

Questions about Fluid Biomed

Who invested in Fluid Biomed?

Fluid Biomed has 12 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Fluid Biomed raised?

Fluid Biomed has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Fluid Biomed last raise money?

Fluid Biomed's most recent round on record is a Series A, in Dec 2024.

What does Fluid Biomed do?

Founded in 2012, Fluid Biomed Inc.

Where is Fluid Biomed headquartered?

Fluid Biomed is headquartered in Calgary, Canada.

Which VCs invest in companies like Fluid Biomed?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Fluid Biomed's stage. Their profiles are linked below.

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