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!
AlayaCare raises $51 million CAD to scale homecare provider platform(BETAKIT)
Montreal-based AlayaCare, which provides AI-powered cloud software for homecare providers, has raised a $51 million CAD Series C round.
Edmonton app wins grant to help improve health-care access in Somalia(CBC)
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(VCCIRCLE)
Bengaluru-based health technology startup mfine has raised Rs 31 crore ($4.5 million) in debt funding from venture debt firm Alteria Capital.
Six neurotech startups take home $50,000 from ONtrepreneurs Program(BETAKIT)
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(BUSINESSINSIDER)
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(FORBES)
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(BETAKIT)
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(DOCWIRENEWS)
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)