Forcen Raises $500K in Seed Funding

Forcen (formerly SensOR Medical Laboratories), a Toronto, Canada-based company that developed a force-sensing film for surgical robotics, industrial robotics, and aerospace/defense industries, raised $500K in seed funding.

The round was led by NorthSpring Capital Partners with participation from a syndicate of angel investors from Golden Triangle Angel Network (GTAN) and Angel One. The Toronto entrepreneurial community that provided support to Forcen includes:
– the Creative Destruction Lab,
– Ryerson Biomedical Zone,
– Ontario Brain Institute,
– Ontario Bioscience Innovation Organization,
Рthe University of Toronto’s Health Innovation Hub, and
– Hatchery incubators.

The company intends to use the funds to accelerate its existing contracts and take on more major industrial customers, and prepare the force-sensing film technology for large scale production.

Founded in 2015 by Dr. Robert Brooks PhD, Forcen has advanced ForceFilm, a force-sensing film that can be laminated onto any part or assembly to give that machine a human-level sense of touch.
Applications include:
– Medical Devices
– Surgical Robotics
– Industrial Robotics
– Aerospace and Defense

The company’s team also includes:
– Michael Augustinavicus, COO
– Angad Sandhu, VP Business Development
– Ricky Mehra, Medical Data Expert

FinSMEs

24//05/2019

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