Former Liberal MP Frank Baylis co-leads $43-million investment in heart pump startup Puzzle

Former Liberal MP Frank Baylis co-leads $43-million investment in heart pump startup Puzzle

Medical device entrepreneur recently came last in Liberal leadership race behind Mark Carney

Puzzle Medical raises $43 million to pursue clinical trial of less-invasive device for patients with heart failure

Montréal-based medtech startup Puzzle Medical Devices has raised $43 million in a second Series A round to complete a clinical study of its heart pump for patients experiencing heart failure.  The all-equity round, which closed in March, was co-led by existing investor Desjardins Capital and newcomer KF Matheson, the family office of former Liberal leadership candidate Frank Baylis, executive chairman of Baylis Medical, and Kris Shah, Baylis Med…