Head of Fundraising & Grants
Floaid MedTech Pvt. Ltd. | IIT Madras Research Park, Chennai | Full time
About Floaid
Floaid MedTech is building India's first indigenous cardiac assist devices. Our portfolio includes the FLOCATH percutaneous ventricular assist device (a catheter pump for high-risk angioplasty and cardiogenic shock, priced at roughly one-sixth of the only global competitor) and the Floex 3.0 Heart Lung Machine, now approaching commercial launch. We have completed acute animal trials, filed 9 patents with 15 more in the pipeline, generated early revenue, and are backed by ArtPark (IISc Bangalore) and an investor-led cap table. Our co-founder, Dr. KR Balakrishnan, has performed one of the highest heart and lung transplants in Asia.
We are entering a capital-intensive phase: GLP animal studies in India and abroad, first-in-human trials, CDSCO manufacturing licences, and a GMP facility at SIPCOT Medical Devices Park, Oragadam. Over the next 24 months we need to raise funds against equity, government grants, and non-dilutive programmes. This role owns that outcome.
The Role




You will lead all capital-raising for Floaid — equity, grants, debt, and CSR — reporting directly to the CEO. This is a hands-on, individual-contributor leadership role: you will build the pipeline, write the applications, run the data room, and sit in the room with investors. You will be the second person, after the CEO, whom investors and grant agencies know by name.
What You Will Do
Venture and strategic capital (approx. 50%)
• Own the Series A process end to end: target list, outreach, narrative, deck and model support, data room, term-sheet negotiation support, and closing coordination with legal and finance.
• Build and maintain relationships with Indian and international VCs, family offices, MedTech-focused funds, strategic investors (device majors, hospital groups), PSU and government-linked investors, and HNI networks.
• Prepare and continuously refresh the investment materials:

📌 Fundraising & Investor Relations Officer (Chennai)
🏢 FLOAID MEDTECH
📍 Chennai