# Arbutus Medical Inc.: Medical devices, Vancouver, Canada

> Arbutus Medical Inc.: Arbutus Medical Inc. is a Vancouver-based medical device company focused on developing affordable orthopedic power tools and surgical...

Source: https://millionrounds.com/startup/arbutus-medical-inc (Millionrounds; every figure on the page links to its filing or article)

Canada · [Medical devices startup](https://millionrounds.com/companies)

# Arbutus Medical Inc.

Arbutus Medical Inc. is a Vancouver-based medical device company focused on developing affordable orthopedic power tools and surgical workflow solutions.

Funding reported Last round: Grant

Medical devices Vancouver, Canada

Company summary

- **Founded:** 2014 12 years old
- **Team:** 37 11 to 50 people
- **Funding reported:** 6.8M as listed, currency not stated
- **Last round:** Grant Mar 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Arbutus Medical Inc. has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Arbutus Medical Inc.

Arbutus Medical Inc. is a Vancouver-based medical device company focused on developing affordable orthopedic power tools and surgical workflow solutions.

Founded in December 2014 by orthopedic trauma surgeons and biomedical researchers, the company aims to enhance patient care by providing innovative devices that help hospitals treat patients more efficiently and reduce healthcare costs. The company offers a range of products, including the TrakPak® for skeletal traction surgeries, DrillCover Technology that adapts DEWALT® drills for surgical use, and specialized surgical kits like the Digit Revision SwiftKitTM. Arbutus Medical's products are designed for use in low-resource settings and have received regulatory clearances from the U.S. FDA and Health Canada. With a mission to improve access to orthopedic surgery for millions of patients by 2030, Arbutus Medical has made significant strides in the market, enabling over 110,000 surgeries across 40 countries.

## What company datasets say Arbutus Medical Inc. raised

Funding, as reported

Reported in all **6.8M** in the source's currency

Rounds **6**

Last round **Grant**

Last round size **6.8M**

Last round date **Mar 2023**

Investors listed **18**

## On 6 portfolio pages

Investors who name them

- [ScaleGood Fund](https://millionrounds.com/fund/scalegood-fund-lp)
- [CU Healthcare Innovation Fund](https://millionrounds.com/fund/cu-healthcare-innovation-fund)
- [HaloHealth](https://millionrounds.com/fund/halohealth)
- [Leva Capital](https://millionrounds.com/fund/leva-capital)
- [Sorenson Impact Foundation](https://millionrounds.com/fund/sorenson-impact-fo)
- [WUTIF](https://millionrounds.com/fund/wutif)

Each firm lists Arbutus Medical Inc. on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

surgical power tools surgical tool sterilization health care medical innovation distribution manufacturing healthcare healthcare equipment & supplies manufacturing cost reduction medical equipment manufacturing reusable sterile covers trauma surgery tools sterile-packed procedure kits surgical device patents pending orthopaedics medical device manufacturing

Built with from their website

Yoast SEO Google Tag Manager SAP Otter Blocks OWL Carousel Priority Hints Google Sheets Google Font API OrbitFox WordPress.org

+8 more

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- **Sector:** Medical devices
- **Industry code:** NAICS 339112, SIC 3844, 3841
- **Region:** British Columbia
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/arbutus-medical)

## Medical devices in Canada

Startups like it

- [**Exact Imaging** Markham · founded 2013 *Raised*](https://millionrounds.com/company/exact-imaging)
- [**Evasc Neurovascular** Vancouver · founded 2001 *Raised*](https://millionrounds.com/company/evasc-neurovascular)
- [**Optina Diagnostics** Montreal · founded 2011 *Raised*](https://millionrounds.com/company/optina-diagnostics)
- [**CorVista Health** Toronto · founded 2012](https://millionrounds.com/startup/corvista-health)
- [**ABK Biomedical Inc.** Halifax · founded 2012](https://millionrounds.com/startup/abk-biomedical-inc)
- [**Canary Medical Inc.** Vancouver · founded 2012](https://millionrounds.com/startup/canary-medical-inc)
- [**Puzzle Medical Devices Inc.** Montreal · founded 2018](https://millionrounds.com/startup/puzzle-medical-devices-inc)
- [**Synaptive Medical** Toronto · founded 2012](https://millionrounds.com/startup/synaptive-medical)

## Is this your company?

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