BUSINESS DESCRIPTION
Conavi Medical Inc. is a medical device company that develops technologies to image the heart during medical procedures.
Location | Toronto, ON |
Funding Raised | $1,000,000 |
Jobs Maintained | 95 FTE |
Forecasted Job Creation | 11 FTE (new jobs created from SOFII funding) |
Website |
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.
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.
Dr. Brian Courtney
President and CEO
