Fluid Biomed

Calgary, Canada Founded: 2012 • Age: 14 yrs
A hybrid polymer-metal stent for brain aneurysms is developed.

About Fluid Biomed

Fluid Biomed is a company based in Calgary (Canada) founded in 2012 by John H Wong and Alim P Mitha. It operates as a Direct-to-Consumer (D2C). Fluid Biomed has raised $32.55 million across 3 funding rounds from investors including University of Calgary, Amplitude Ventures and IAG Capital Partners. The company has 49 employees as of May 27, 2025. Fluid Biomed offers products and services including Hybrid Polymer-Metal Stent. Fluid Biomed operates in a competitive market with competitors including Rapid Medical, Cerus Endovascular, Oxford Endovascular, Anaconda Biomed and CoAxia, among others.

  • Headquarter Calgary, Canada
  • Employees 49 as on 27 May, 2025
  • Founders John H Wong, Alim P Mitha
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $32.55 M (USD)

    in 3 rounds

  • Latest Funding Round
    $27 M (USD), Series A

    Dec 16, 2024

  • Investors
  • Employee Count
    49

    as on May 27, 2025

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Products & Services of Fluid Biomed

Fluid Biomed offers a comprehensive portfolio of products and services, including Hybrid Polymer-Metal Stent. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

A stent designed to treat brain aneurysms effectively.

People of Fluid Biomed
Headcount 10-50
Employee Profiles 14
Board Members and Advisors 11
Employee Profiles
People
John H. Wong
CEO & Co-Founder
People
Alim P. Mitha
President & CTO & Co-Founder
People
Rahim S. Nathu
VP, Business Development
People
Hisham Hussain
CFO

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Funding Insights of Fluid Biomed

Fluid Biomed has successfully raised a total of $32.55M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $27 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series A — $27.0M
  • First Round

    (12 Feb 2020)

  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2024 Amount Series A - Fluid Biomed Valuation Amplitude
Aug, 2021 Amount Seed - Fluid Biomed Valuation Metis Innovative , ShangBay Capital
Feb, 2020 Amount Seed - Fluid Biomed Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Fluid Biomed

Fluid Biomed has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include University of Calgary, Amplitude Ventures and IAG Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are made in precision medicine companies.
Founded Year Domain Location
Venture capital investments are provided by IAG Capital Partners.
Founded Year Domain Location
Early-stage life science companies are funded and supported.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fluid Biomed

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Fluid Biomed

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fluid Biomed Comparisons

Employees
+
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Competitors of Fluid Biomed

Fluid Biomed operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rapid Medical, Cerus Endovascular, Oxford Endovascular, Anaconda Biomed and CoAxia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Neurovascular interventional devices including distal access catheters are developed.
domain founded_year HQ Location
Interventional neuroradiology devices are developed for minimally invasive aneurysm treatment.
domain founded_year HQ Location
Metallic mesh devices for brain aneurysms are developed.
domain founded_year HQ Location
Medical devices for mechanical thromboectomy and clot removal are developed.
domain founded_year HQ Location
Catheter-based treatment for cerebral ischemia
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Fluid Biomed

When was Fluid Biomed founded?

Fluid Biomed was founded in 2012 and raised its 1st funding round 8 years after it was founded.

Where is Fluid Biomed located?

Fluid Biomed is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.

Who is the current CEO of Fluid Biomed?

John H Wong is the current CEO of Fluid Biomed. They have also founded this company.

Is Fluid Biomed a funded company?

Fluid Biomed is a funded company, having raised a total of $32.55M across 3 funding rounds to date. The company's 1st funding round was a Seed of $846.72K, raised on Feb 12, 2020.

How many employees does Fluid Biomed have?

As of May 27, 2025, the latest employee count at Fluid Biomed is 49.

What does Fluid Biomed do?

Fluid Biomed is engaged in the development of advanced medical devices, specifically the next generation of polymer-based brain stents to treat aneurysms. The company operates in the healthcare sector, targeting neurovascular solutions. Their hybrid polymer-metal flow-diverting stent is designed to promote better healing of blood vessels and minimize interference with imaging tests. Solutions are engineered for flexibility, self-expansion, and patient safety, while ensuring ease of use for physicians. The innovation aims to improve patient outcomes by reducing the need for invasive follow-up tests and long-term medication.

Who are the top competitors of Fluid Biomed?

Fluid Biomed's top competitors include Rapid Medical, Anaconda Biomed and MicroVention.

What products or services does Fluid Biomed offer?

Fluid Biomed offers Hybrid Polymer-Metal Stent.

Who are Fluid Biomed's investors?

Fluid Biomed has 12 investors. Key investors include University of Calgary, Amplitude Ventures, IAG Capital Partners, LifeArc Ventures, and ShangBay Capital.

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