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B.C. medical tech company Kardium secures US$104M in funding - BC News

A B.C. medical device company specializing in helping out heartbeats is keeping capital flowing through its corporate system.

Vancouver readies for its position as a global pharma capital as B.C.'s biotech boom takes off

B.C. medical-device firm raises $115-million from U.S. fund giants ahead of going public

BC's Kardium raises $115 million USD for heart device technology

BC’s Kardium raises $115 million USD for heart device technology Kardium, a British Columbia-based medical device company, has secured $115 million USD from Fidelity Management and T. Rowe Price Associates. The round was led by United States-based Fidelity Management, with T. Rowe Price Associates providing follow-on investment after leading Kardium’s $40 million USD financing in 2018. The company is reportedly looking to hit the public markets in 2024.   Kardium is a medical tech company that has developed a device that treats atrial fibrillation, a common heart disorder rate that can increase the risk of strokes, heart failure and other heart-related complications. The company’s Globe Mapping and Ablation System is considered an advanced system for the treatment of atrial fibrillation.