MEDICAL ALLEY, Minn. (September 10, 2024) — Today, Medical Alley® announced a new strategic partnership with iGan Partners, one of the largest Canadian healthcare-dedicated venture capital firms, investing in both Canada and the US.
Through this agreement, Medical Alley Starts® — a venture platform which accelerates the formation and growth of healthcare startups — will work with iGan Partners to identify, support, and scale innovative medical devices and digital health organizations.
“This partnership exemplifies our commitment to fostering innovation and supporting emerging healthcare technologies,” Medical Alley President and CEO Roberta Antoine Dressen said. “By combining Medical Alley’s robust network and resources with iGan Partners’ investment expertise, we aim to provide unparalleled opportunities for startup organizations to thrive and make significant advancements to benefit patients around the world.”
Founded in 2013, iGan Partners invests in entrepreneurs disrupting healthcare, with a focus on innovation in AI-enabled medtech and digital health in the US and Canadian markets. iGan Partners’ extensive portfolio includes companies which significantly enhance patient care and substantially reduce overall healthcare costs.
“This partnership will enable us to leverage Medical Alley’s leading position within the healthcare ecosystem, providing our portfolio companies with exceptional resources and strategic guidance. Additionally, we are excited to gain early access to a robust pipeline of promising startups through this collaboration, allowing us to identify and invest in exceptional opportunities.” iGan Partners’ Founder and Managing Partner Sam Ifergan said. “Together, we have the potential to revolutionize healthcare delivery and improve patient outcomes on a global scale.”
This strategic partnership marks the third Starts Venture Partner in 2024, joining Minnesota-based Bread and Butter Ventures and Capita3. Medical Alley also announced a collaboration agreement with Mayo Clinic Platform in March.
Since the program’s inception in 2021, Medical Alley Starts has supported nearly 3,000 startups in more than 40 countries while delivering nearly $1 billion in value.
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About Medical Alley® Founded in 1984, Medical Alley leverages a global network of health technology and care organizations to drive innovation and accelerate the development of breakthrough healthcare solutions to benefit patients around the world. Our vision is to elevate the Medical Alley® region as the epicenter of health innovation and care™. To learn more, https://medicalalley.org/
About iGan Partners iGan Partners is leading global healthcare transformation by investing in emerging AI-enabled Medical Devices and Digital Health. Our investments focus on North American companies that are in the pre-commercial or commercial stage of development. With a commitment to scientific innovation and transformative healthcare solutions, iGan aims to significantly improve patient outcomes while dramatically reducing overall healthcare costs. For further information: [email protected]
