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MY01 raises US$ 12.5 million Series A funding round to accelerate its growth

Fasken
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Overview

Client

Investissement Québec, Desjardins et Fondaction

MY01 Inc., a medical technology company that uses microsensors to aid physicians in diagnosing compartment syndrome, raises US $12.5 million Series A funding round to accelerate its growth.

This financing will help the company with its mission to empower healthcare professionals and will support MY01’s goal of becoming the gold standard in the diagnosis of compartment syndrome. Also, the funding will be used to expand commercialization activities of the company in the United States.

The round was led by multiple investors including Investissement Quebec, Desjardins and Fondaction.

A Fasken team composed of Anne-Marie Naud, Anthony Sylvain, Julien Langlois and Aurélie Ménard (M&A), Jean-Philippe Mikus and Isabelle Kalar (IP), William Deneault-Rouillard (Privacy), Dara Jospé (Regulatory), Rhonda Grintuch and Florence Gauthier (Labour) and Stephanie Heinsohn-Spiropoulos (Immigration) represented investors Investissement Québec, Desjardins and Fondaction in this transaction.

Jurisdiction

  • Québec

Team

  • Anne-Marie Naud, Partner | Leader, Corporate/Commercial Group | Co-Leader, Agribusiness, Food & Beverage Group, Québec, QC, +1 418 640 2009, anaud@fasken.com
  • Anthony Sylvain, Associate | Corporate/Commercial, Montréal, QC, +1 514 397 7671, asylvain@fasken.com
  • Julien Langlois, Partner | Corporate/Commercial, Québec, QC, +1 418 640 2064, jlanglois@fasken.com
  • Aurélie Ménard, Associate | Corporate/Commercial, Montréal, QC, +1 514 397 5247, amenard@fasken.com
  • Jean-Philippe Mikus, Partner | Trademark Agent | Intellectual Property, Montréal, QC, +1 514 397 5176, jpmikus@fasken.com
  • Isabelle Kalar, Associate | Intellectual Property, Montréal, QC, +1 514 397 7528, ikalar@fasken.com
  • Dara Jospé, Partner | Intellectual Property, Montréal, QC, +1 514 397 7649, djospe@fasken.com
  • Rhonda Grintuch, Partner | Labour, Employment & Human Rights, Montréal, QC, +1 514 397 5240, rgrintuch@fasken.com
  • Florence Gauthier, Associate | Labour, Employment & Human Rights, Montréal, QC, +1 514 397 7550, flgauthier@fasken.com
  • Stephanie Heinsohn-Spiropoulos, Associate | Immigration, Montréal, QC, +1 514 657 2769, sheinsohn@fasken.com