Success Stories

Monday, 17 May 2021 12:38

Conavi Medical Inc.

SOFII funding provided working capital to add staff and resources so the company can make the changes to its systems and processes necessary to support the increase in production required to meet existing demand and achieve its revenue targets.


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Conavi Medical Inc.

LOCATION Toronto, ON
FUNDING RECEIVED $1,000,000
JOBS MAINTAINED 95 FTE
FORECASTED JOBS CREATED 11 FTE (New jobs created from SOFII funding)
WEBSITE www.conavi.com

BUSINESS DESCRIPTION

Conavi Medical Inc. is a medical device company that develops technologies to image the heart during medical procedures.

SOFII PROJECT SUMMARY

SOFII funding provided working capital to add staff and resources so the company can make the changes to its systems and processes necessary to support the increase in production required to meet existing demand and achieve its revenue targets.

TESTIMONIAL

"Conavi’s mission is to become a world-class, Canadian medical device company. The funding from SOFII has been extremely helpful in terms of us being able to continue hiring staff, expand operations and increase our manufacturing capacity. We are very grateful for the support."