Canada-based medical device manufacturer Exact Imaging has secured C$21.5m ($16m) in series C funding from investors including biotechnology innovation platform Bioscikin, which invested C$3m in September 2016.

The round was co-led by Lumira Capital and Vesalius Biocapital, with further participation from iGan Partners and its sister fund Rowanwood Ventures, as well as the Flemish government-owned PMV and other, unnamed backers.

Founded in 2013, Exact Imaging has developed ExactVu, a high-resolution micro-ultrasound system that offers real-time imaging and guided biopsies, enabling…