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Normand Balthazard

Finance and Business Development Executive - VC Investor in Health Care and Artificial Intelligence.

Normand Balthazard is a finance and business development executive with extensive experience in venture capital, particularly in the health care and artificial intelligence sectors.1 He currently serves as a Strategic Advisor at IVADO LABs / Invest-AI, a position he has held since June 2018.1

Career Highlights

  • Strategic Advisor at IVADO LABs / Invest-AI (June 2018 - Present): Balthazard advises on a $35 million co-investment program aimed at helping Quebec companies, especially SMEs, integrate AI techniques into their processes.1

  • President of Sogesbio Inc (May 1990 - October 2023): For over three decades, he provided consultation on mergers & acquisitions, financial reorganization, and capital raising for life sciences and industrial companies.1

  • Founder and President of BioCapital (May 1990 - December 2004): Balthazard launched and managed a venture capital fund that grew from $10 million to $180 million in assets, achieving an IRR of 19.75% for investors.1

Expertise and Achievements

Balthazard has demonstrated expertise in:

  • Public and private equity financing
  • Mergers and acquisitions
  • Corporate strategy and transactions
  • Deal origination, evaluation, and execution
  • Post-investment management

Throughout his career, he has:

  • Raised over $100 million for his VC fund and another $100 million for portfolio companies
  • Founded or co-founded several successful companies, including Cryocath (acquired by Medtronic) and Intellivax (acquired by Glaxo)
  • Been the initial investor in companies like Paladin Labs and Neokimia

Normand Balthazard's extensive experience in finance, venture capital, and strategic advisory roles, particularly in the life sciences and AI sectors, has established him as a respected figure in the Canadian investment landscape.1

Highlights

Jun 3 · savaria.com
[PDF] SAVARIA CORPORATION

Related Questions

What are some of the key projects Normand Balthazard has worked on at IVADO LABs / Invest-AI?
How has Normand Balthazard's experience in mergers and acquisitions influenced his work at IVADO LABs / Invest-AI?
What are the main goals of the $35 million co-investment program managed by Invest-AI?
How has Normand Balthazard's career evolved over the past thirty years?
What specific AI techniques are being applied by Quebec companies with the help of Invest-AI?
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Location

Montreal, Quebec, Canada