ParticleX has made a strategic investment in Xandar Kardian, a Canadian health technology pioneer known for its innovative monitoring solutions.
Information on the Target
Xandar Kardian is a Canadian-based health technology innovator, known for its cutting-edge solutions designed to improve healthcare monitoring and patient care. The company operates extensively in the United States and South Korea, offering a robust portfolio that includes a radar-based vital signs monitoring sensor and a sophisticated people counter. These products are positioned at the forefront of medical technology, showcasing the company's commitment to advancing healthcare through innovation.
The company has garnered significant recognition for its contributions to health technology, having been named a finalist for the 2023 McKnight's Tech Awards. Additionally, it has received three 2023 CES Innovation Awards and was listed among the Top Innovative Medical Devices of 2022 by Fast Company. Furthermore, Xandar Kardian's work earned a spot on TIME Magazine's Best Inventions of 2022, highlighting its impact on the industry.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in the Target's Specific Country
The health technology sector in Canada is experiencing substantial growth, driven by advancements in medical devices, artificial intelligence, and data analytics. The Canadian government actively supports innovation in this space th
Similar Deals
iGan Partners, Eli Lilly and Company, Topcon Healthcare, Inc. → RetiSpec Inc.
2024
The Brightspark Canadian Opportunities Fund II → Forcen
2024
ParticleX
invested in
Xandar Kardian
in 2023
in a Series A deal