Canary Medical, Inc., a Vancouver, British Columbia, Canada-based medical data company, raised its first funding round of undisclosed amount.
The round was led by Quark Venture Inc and GF Securities, with participation from Relentless Pursuit Partners’ Venture Fund and BioScience Managers, through BioScience Managers Ventures Fund I.
The company will use the funds to continue to expand operations.
Led by Bill Hunter, CEO, Canary Medical provides the Canary Health Implantable Reporting Processor (CHIRP), which uses innovative sensor and novel communication technology in medical devices to enable remote patient monitoring. “Smart” medical devices will self-report on everything from patient activity to recovery and treatment failure, without the need for physician intervention or a dependence upon patient compliance.