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Fluid Biomed Inc. Raises $27 Million USD in Oversubscribed Series A Financing to Advance World's First Bioabsorbable Polymer-Based Stent To Treat Brain Aneurysms

Summary by Financial Post
CALGARY, Alberta -- Fluid Biomed Inc., a clinical stage medical device company developing lifesaving products for patients suffering from vascular disease, closed an oversubscribed $27 million USD Series A equity financing. The round is co-led by Amplitude Ventures and an undisclosed major strategic partner. New participants in the investment syndicate include IAG Capital Partners and LifeArc Ventures, as well as returning investors, ShangBay C…
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