Puzzle Medical Devices is a Canadian company that develops a minimally invasive long-term hemodynamic transcatheter pump.

Puzzle Medical Devices

A Canadian based medical device company building world's first minimally invasive heart pump for patients with advanced heart failure.

AQC Capital

Anges Quebec

asterX

Boreal Ventures

Cathexis Ventures

Broadview Ventures

Cordis-X

Desjardins Capital

Bdc Thrive venture

BDC Venture Capital

Longview Ventures

Puzzle Medical Devices Inc.

Puzzle Medical Devices Inc. is delighted to announce the closing of its CAN$34 million Series A funding round to complete human feasibility study led by Cordis-X, a cardiovascular-focused investment vehicle backed by Ajax Health, Hellman & Friedman, and KKR. The round also included participation from Longview Ventures, Desjardins Capital, and BDC Capital’s Thrive Venture Fund, as well as existing investors.

Full press release: https://lnkd.in/eMVVQScF

"We are thrilled to have closed our Series A funding round and to have the support of such a renowned syndicate of investors," said Jade Doucet-Martineau, B. Eng., co-founder and CEO of Puzzle Medical Devices. "This milestone achievement is a reflection of the team's dedication and execution capability and will allow us to continue to execute on our mission of transforming the treatment of advanced heart failure."

Duke Rohlen, Executive Chairman of Cordis and CEO of Cordis-X and Ajax Health, commented, "What the Puzzle team has accomplished in a few short years is remarkable.  They’ve developed a truly novel solution to one of the most serious and difficult challenges in cardiovascular care. We are thrilled to partner with Puzzle to bring their exciting technology to a large population of heart failure patients who desperately need it."

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Thank you to all our partners, investors and advisors for being part of this incredible journey. Together, let's continue to strive towards our north star: improving heart failure patients' quality of life.

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PUZZ

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Puzzle Medical Devices