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BioTwin closes a C$2.5 million financing round

Fasken
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Overview

Client

BioTwin

On April 8, 2021, BioTwin, a Quebec-based biotechnology company, announced the completion of their pre-seed funding round.

The company raised a total of C$2.5 million with the support of private investors and various levels of government. Leading this financing round, BioTwin received support from CTS, a business accelerator in the field of medical technologies.

This financing will accelerate BioTwin’s development of an AI platform used to detect, predict and prevent patients' health various conditions.

A Fasken team composed of Henrick Simard and Vincent Laforest-Lapointe advised BioTwin in connection with this transaction.

Jurisdiction

  • Québec

Team

  • Henrick Simard, Partner, Québec, QC, +1 418 640 2004, hsimard@fasken.com
  • Vincent Laforest-Lapointe, Partner, Québec, QC, +1 418 640 2028, vlaforest@fasken.com