GRANBY, QC, Dec. 3, 2012 /CNW Telbec/ - Cadens Imaging, a company
specializing in the development of advanced visualization solutions in
computer-assisted medical imaging, has announced the conclusion of a
$2.7 million venture capital fundraising campaign.
Cadens Imaging raised this capital through a seed funding round
orchestrated by Desjardins-Innovatech in association with the Fonds de
solidarité FTQ Investissements technologiques (FSIT) and Anges Québec,
in partnership with a group of angel investors, FIER Montestrie
Capital, FIER Croissance Durable, FIER Innovation Durable and FIER
Jean-Pierre Robert, President and CEO of Cadens Imaging said, "We are
extremely pleased to acquire this funding. It will be used to boost
marketing for our core product, Cadens Colon, in Canada, Europe and
Asia, expand our network of distribution partnerships and develop our
technology platform with the addition of new applications for
noninvasive cancer screening and patient follow-up." A new product for
lung cancer screening is currently in the development phase.
"Constant advances in medical imaging acquisition equipment, as well as
a significant increase in the role of radiologists in the patient
management cycle require the support of increasingly innovative
software solutions," explained Florent Chandelier, Vice-President of
R&D and Regulatory Affairs at Cadens Imaging. "In response to these
expectations, we have developed an innovation cycle to directly meet
image interpretation and analysis needs by ingeniously integrating 2D
and 3D imaging, while keeping ergonomics simple. This allows
radiologists to focus on what is most important: diagnosis. This
approach gives us a unique position in the market."
About Cadens Imaging
Founded in 2007, Cadens Imaging is a privately owned Canadian research
and development company with a leading position in medical imaging.
With strong technical and clinical expertise in virtual endoscopy, the
company has developed a technology platform to design and produce
advanced visualization solutions for the analysis and interpretation of
diagnostic images. Cadens Imaging works in close partnership with
leaders in the field of medical imaging to distribute its products and
to develop new applications.
About Desjardins-Innovatech S.E.C.
This company was created in July 2005 through a joint initiative of the
Government of Québec and Capital régional et coopératif Desjardins. Its
assets are managed by Desjardins Venture Capital. Innovatech S.E.C.
activities in the region of Sherbrooke were initiated in 2008 and
consist mainly in investing in start-up or phase one development
companies, particularly those involving technological innovation or
companies in the industrial sector.
About Fonds de solidarité FTQ
Created in 1983, the Fonds de solidarité FTQ is a development capital
fund that calls upon the solidarity and savings of Quebecers to help
fulfill its mission to contribute to Québec's economic growth by
creating and protecting jobs through investments in small and
medium-sized businesses in all spheres of activity. The Fonds also
seeks to encourage Quebecers to save for retirement and to offer its
over half a million shareholders-owners a reasonable return over and
above the outstanding tax benefits they receive by purchasing Fonds
About the Anges Québec Capital fund
The Anges Québec Capital fund totals $30 M coming from a $20 M
contribution from the Government of Québec through Investissement
Québec and a $10 M investment from Anges Québec members. This support
fund will help Anges Québec members invest more capital in innovative
Québec companies at the start-up phase, and help them develop even more
such promising business projects province wide. For more information,
go to www.angesquebec.com
About the FIER fund
The Regional Economic Intervention Fund (FIER) is a development fund
designed to provide businesses with a source of capital (equity or
quasi-equity) during the start-up, development, turnaround and
succession stages. FIER also aims to support the creation of
sector-based funds and the implementation of growth-generating
projects, mainly in outlying areas of the province.
SOURCE: CADENS Imaging
For further information:
Raphaëlle Imbernon - Director of Marketing
Tel: (450) 956-3456, ext. 5108
Fax: (450) 991-3456