Virgo Investment Group and BDC’s Women in Technology fund co-led the investment round in the Toronto-based startup. Both are previous investors, including in a Series B round that raised US$35 million in 2021. (The Logic)

Talking point: Swift named a new COO, Shannon Allen, on Tuesday; medtech veteran Brian Litten took over as CEO last March to lead the firm’s expansion into the United States. The company also added a new chief commercial officer and chief information officer in August. Wound care is a multibillion-dollar business around the world, from healing after surgery to preventing life-threatening infections in diabetics. Swift’s Skin and Wound tool tracks patient wounds—including in hospitals, nursing homes and home care—and uses artificial intelligence on smartphone photos to identify high-risk cases and monitor progress. Another of Swift’s previous investors is Relay Ventures, which is also an investor in The Logic.