H|T: The Healthtech Times – 10 digital health startups poised to IPO

The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using the form at the bottom of this page to ensure you don’t miss out on the most important healthtech news every week!


BetaKit

AlayaCare raises $51 million CAD to scale homecare provider platform

Montreal-based AlayaCare, which provides AI-powered cloud software for homecare providers, has raised a $51 million CAD Series C round.



CBC News

Edmonton app wins grant to help improve health-care access in Somalia

An Edmonton app has received a $10,000 grant from the Bill and Melinda Gates Foundation to improve infant vaccination coverage in Somalia.


Health-tech startup mfine raises venture debt from Alteria Capital

Bengaluru-based health technology startup mfine has raised Rs 31 crore ($4.5 million) in debt funding from venture debt firm Alteria Capital.


BetaKit

Six neurotech startups take home $50,000 from ONtrepreneurs Program

The Ontario Brain Institute (OBI) has announced the the early-stage neurotech entrepreneurs taking home $50,000 as part of the ONtrepreneurs Program.


10 digital health startups poised to IPO: ZocDoc, 23andMe, HeartFlow

A new wave of health-tech companies could go public after a years-long drought, according to Rock Health.


Omada Health raises $73M to vie with Livongo in $50B diabetes coaching market

A dropout of Harvard’s MD/MBA program decided to leave the program because he wanted to help treat diabetes on a grand scale rather than complete his studies.


CTRL Labs acquires North’s patents for Myo armband technology

New York-based CTRL Labs, which is working on a device that can translate electrical muscle impulses into digital signals, has acquired the patents for Kitchener-Waterloo-based North‘s armband technology.


How AI will change healthcare by 2020

The market in healthcare is expected to grow to $6.6 billion by 2021 according to Accenture Consulting, marking an 11-fold increase from 2014.


LATEST HEALTHTECH GRANT OPPORTUNITIES

3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation.

CAN – UK-Canada Diabetes Research Team Grants (read more)

CAN – Alliance Grants (read more)

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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.