Medical Alley — the trade group for medtech’s major hub in Minnesota — has formed a strategic alliance with Canadian VC firm iGan Partners.
The partnership has iGan working with the Minnesota group’s startup venture platform Medical Alley Starts. The group brings an extensive network in Minnesota and beyond to the partnership, and iGan has investment expertise, describing itself as the largest healthcare VC firm investing in Canada,
“Our partnership with Medical Alley represents a significant milestone in our mission to expand cross-border collaborations and support companies that are revolutionizing healthcare in [the] U.S. and Canada. Through this collaboration, we are excited to gain early access to a robust pipeline of promising startups while providing our portfolio companies with exceptional resources and strategic guidance,” iGan Partners’ Founder and Managing Partner Sam Ifergan said in a news release.
Medical Alley President and CEO Roberta Antoine Dressen said the partnership exemplifies the group’s commitment to fostering innovation and supporting emerging healthcare technologies.
“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,” Dressen said.
The partnership is set to kick off with a series of joint initiatives, including participation in industry events and targeted investments in promising medtech startups.
