MME alumni founded company Vena Medical among first to receive $1.5 million in funds from new scale-up fund
Vena Medical, a company born out of a fourth-year Capstone Design project and now a Velocity Health company, just became one of the first recipients of Ontario’s new Life Sciences Scale-Up Fund (LSSUF). The LSSUF is part of the Government of Ontario’s larger efforts to support medical-based companies within the province. The fund’s goal is to help advance innovation and attract more interest and investment into the field.