Simple orthopaedic power tools that save cost for hospitals.
Business Model: Non-Profit
Revenue: $0
Employees: 11-50
Address:
City: Vancouver
State: British Columbia
Zip:
Country: Canada
Every hospital in the world is faced with a major challenge - the rising cost of heathcare - we want to do something about it. Arbutus Medical’s purpose is to develop a portfolio of “frugal innovation” devices that save costs for hospitals and improve access to orthopedic surgery for 5 million patients by 2030. Arbutus Medical&s;s flagship product is a radically affordable orthopaedic power tool system that is used in North American Trauma Centers, veterinary hospitals, military deployments, NGO missions, and hospitals in over 30 low- and middle-income countries worldwide.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2016 | Angel Round | 1 | - |
Southwestern Ontario Angel Group Southwestern Ontario Angel Group |
7/2020 | Seed Round | 6 | $1.2M |
E-Fund Nimbus Synergies Inc. Paul Geyer Quimby Investments Ray Muzyka WUTIF E-Fund Nimbus Synergies Inc. Paul Geyer Quimby Investments Ray Muzyka WUTIF |
3/2017 | Convertible Note | 4 | $1.7M |
Sorenson Impact Foundation Angel One Network Paul Geyer Ray Muzyka Angel One Network Paul Geyer Ray Muzyka Sorenson Impact Foundation |
11/2015 | Pre Seed Round | 3 | $752.7k |
Angel One Network entrepreneurship@UBC Grand Challenges Canada Angel One Network entrepreneurship@UBC Grand Challenges Canada |
1/2016 | Angel Round | 1 | - |
Southwestern Ontario Angel Group Southwestern Ontario Angel Group |
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