Deep Breathe Receives $1M Investment from FedDev Ontario

Congratulations to Deep Breathe on securing $1 Million in investment from FedDev Ontario to scale and commercialize their AI-assisted lung ultrasound work. This funding will play an important role in scaling their technology which has the potential to support faster diagnoses, reduce healthcare costs, and minimize patient exposure to radiation while advancing regional life sciences growth.

“Deep Breathe Inc.’s AI-powered lung ultrasound system demonstrates how local companies are developing solutions to improve patient care while creating economic opportunities here at home. This investment will help this innovative London company scale its technology, expand into new markets, and contribute to the continued growth of our region’s life sciences sector.”

- Peter Fragiskatos, Parliamentary Secretary to the Minister of Immigration, Refugees and Citizenship and Member of Parliament for London Centre

Deep Breathe is an OBIO® member, an alumnus of our CAAP® program and Life Sciences Critical Technologies & Commercialization (LSCTC) Centre of Excellence, and presented at the OBIO® Investment Summit.