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League raises $62 million led by TELUS Ventures (BETAKIT)
The round also included participation from Wittington Ventures, OMERS, Infinite Potential Group, RBC Ventures, Real Ventures, and BDC Ventures.
ClassPass works up $85 million Series D funding (TECHCRUNCH)
The round was led by Temasek.
Ciitizen raises $3M for personal health records, soon to open private beta (MOBIHEALTHNEWS)
Ciitizen aims to solve the many problems of healthcare data sharing and lack of interoperability by creating a patient-centered medical record.
Ontario’s Hamilton Health Sciences developing healthcare AI applications (BETAKIT)
Hamilton Health Sciences has announced a partnership with clinician company Real Time Medical on artificial intelligence application development for healthcare.
Drone development should focus on social good first, says UK report (TECHCRUNCH)
A UK government backed drone innovation project that’s exploring how unmanned aerial vehicles could benefit cities — including for use-cases such as medical delivery, traffic incident response, fire response and construction and regeneration — has reported early learnings from the first phase of the project.
Biotech company Alector raises $133M in Series E financing (FINSMES)
Alector, which focuses on developing therapies that harness the immune system to cure neurodegenerative diseases and cancer, raised the round from Deerfield Management, AbbVie Ventures, Federated Kaufmann Fund, and others.
Mental health startup Lantern winds down its customer operations (TECHCRUNCH)
Lantern, which offers tools to deal with stress, anxiety and body image for about $50 a month, will continue to be available for paid customers through the end of the year. However, coaches are no longer available to users
How 3D technology is transforming medical imaging (HEALTHTECHMAGAZINE)
AI, cloud and supersonic networking speeds make images clearer, crisper and more informative.
CDL partners with Medicine by Design to launch health-themed cohort (BETAKIT)
The Creative Destruction Lab and Medicine by Design, a regenerative medicine research initiative at the University of Toronto, will work together to help health-related ventures take their health technologies to market.
Check out this first of its kind, direct-to-consumer urine-testing app with FDA clearance (TECHCRUNCH)
A young San Francisco-based startup called Scanwell Health has begun selling directly to consumers the first and, for now, the only FDA-cleared urine testing app that allows someone to test their urine at home using a paper test strip and a camera phone.
LATEST HEALTHTECH GRANT OPPORTUNITIES
3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation.
CAD – BI & Analytics Platform and Analytics Data Platform (read more)
CAD – Electronic Patient Care Record System (read more)
CAD – Surgical Waitlist Management and Scheduling Solution and Service (read more)
CAD – Patient Communications Hub (read more)