Arbutus Medical Inc.

We develop orthopedic innovations to help hospitals treat patients faster and fight rising costs.

Founded 2014 Canada

Canada 30 employees Grant Total: $7.51M Hardware, Health Care +1

Arbutus Medical Inc. is a Canadian startup with a mission to develop orthopedic innovations that enable hospitals to treat patients faster and combat rising costs in the healthcare sector. The company's portfolio of simple and reliable surgical orthopedic drill kits has the potential to improve care for millions of patients globally. Since its establishment in 2014, Arbutus Medical has made substantial strides in the industry, having shipped products capable of safely treating over 78,043 human patients and 68,550 animal patients across 36+ countries. The company's approach revolves around manufacturing simple orthopedic power tools and sterile-packed orthopedic procedure kits that not only save time and cost for hospitals but also enhance access for patients. By leveraging expert medical engineering and creative innovation, Arbutus Medical aims to democratize safe surgery by designing radically affordable surgical devices. This aligns with the company's slogan, "We develop orthopedic innovations to help hospitals treat patients faster and fight rising costs." Most notably, Arbutus Medical secured a $400.00K grant investment on 20 March 2023 from Keiretsu Capital and Pacific Economic Development Canada, showcasing the support and confidence of prominent investors in the company's vision and potential. With a focus on the hardware and healthcare industries, Arbutus Medical Inc. is poised to continue driving impactful change in the orthopedic and surgical equipment sector.

Funding Stage	Amount	Investors	Lead Investors	Date
Grant	$400.00K	2	Keiretsu Capital, Pacific Economic Development Canada	20 Mar 2023
Seed Round	$2.26M	5	MEDTEQ+, ScaleGood Fund LP (powered by TELUS) +3	13 Feb 2023
Seed Round	$1.55M	7	Quimby Investments, WUTIF +5	29 Jul 2020
Convertible Note	$2.30M	4	Angel One Investor Network, Sorenson Impact Foundation +2	29 Mar 2017
Angel Round	Undisclosed	1	Southwestern Ontario Angel Group	01 Jan 2016
Pre Seed Round	$1.00M	3	Angel One Investor Network, entrepreneurship@UBC +1	09 Nov 2015

Funding Stage

Amount

Investors

Lead Investors

Date

Grant

$400.00K

Keiretsu Capital, Pacific Economic Development Canada

20 Mar 2023

Seed Round

$2.26M

MEDTEQ+, ScaleGood Fund LP (powered by TELUS) +3

13 Feb 2023

Seed Round

$1.55M

Quimby Investments, WUTIF +5

29 Jul 2020

Convertible Note

$2.30M

Angel One Investor Network, Sorenson Impact Foundation +2

29 Mar 2017

Angel Round

Undisclosed

Southwestern Ontario Angel Group

01 Jan 2016

Pre Seed Round

$1.00M

Angel One Investor Network, entrepreneurship@UBC +1

09 Nov 2015

FAQ About Arbutus Medical Inc.

We develop orthopedic innovations to help hospitals treat patients faster and fight rising costs.

Arbutus Medical Inc. was founded in 2014.

Arbutus Medical Inc. is headquartered in Canada.

Arbutus Medical Inc. operates in Hardware, Health Care and Medical Devices. Its work centres on Orthopedic Innovations, Medical Engineering, Surgical Devices and Frugal Innovation.

Arbutus Medical Inc. has approximately 30 employees.

Arbutus Medical Inc. has completed 6 funding rounds, raising a total of $7.51M. The latest funding stage is Grant.

Top alternatives and competitors to Arbutus Medical Inc. include TeDan Surgical Innovations, OnLume, Riverpoint Medical, Innaumation Medical Devices Private Limited, WishBone Medical, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Arbutus Medical Inc. and TeDan Surgical Innovations are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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