TORONTO, CANADA – October 16, 2024 — FirePower Capital (“FirePower”), Canada’s entrepreneurial lender, investor, and M&A advisor, today announced that it has provided working capital to Noetic Fund (‘Noetic’), an investment fund focused on breakthrough solutions for the treatment of mental health and central nervous system disorders, such as post-traumatic stress disorder, treatment-resistant depression, substance use disorders, and major depressive disorder.
The funding will enable Noetic to further its investment strategy in this high-impact sector, accelerating its portfolio expansion in leading mental health solutions. Noetic is committed to supporting companies that are pioneering innovative treatments, particularly ones that demonstrate strong clinical efficacy and are technology-backed to be scalable to more patients in need. FirePower’s financial backing will allow Noetic to continue driving forward advancements that shape the future of mental health care, with a focus on responsible, sustainable growth in areas including biopharma, digital therapeutics, medical devices, AI-based platforms and more.
“We were immediately impressed with Noetic’s team and investment strategy. Their active involvement with the portfolio and the deep expertise they have in this field were highly compelling as we looked to support their growth. We’re excited about the partnership and look forward to growing with them.”
Trevor Simpson, Partner, Private Debt at FirePower Capital
About Noetic
Noetic invests globally in emerging technologies within molecular therapeutics, biotech, digital health, medical devices, and wellness, focusing on mental health, pain, and central nervous system complications. Its mission is to support pioneers in developing solutions that challenge the status quo and improve mental health outcomes, ultimately advancing the future of human well-being.
About FirePower Capital
FirePower Capital is the private capital and M&A advisory firm built for Canada’s entrepreneurs. Our team of 70+ professionals helps mid-market business owners complete mission-critical transactions by advising them or investing in their companies directly. www.firepowercapital.com
