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Earlier this year, WELL completed its largest acquisition to date, purchasing the issued and outstanding shares of Vancouver-based CRH Medical.
Less than nine months removed from its formal launch, Valo is now revealing more about its artificial intelligence platform technology, which it plans to use to make the firm the first “digitally native” pharmaceutical company.
Montréal-based venture builder and investor Diagram Ventures has secured an additional $60 million CAD in the final close for its Opportunity Fund, as it looks to reinvest in its stars.
The funding round was co-led by New York healthcare fund Orbid and China-focused Redview Capital.
Virginia-based AllyAlign Health, a Medicare Advantage insurance company focused on senior housing, just raised a nearly $300 million funding round led by New Enterprise Associates.
The Toronto company initially sought to raise between $5 million and $8 million through the offering, but ended up securing $9.2 million in gross proceeds following the exercise of an over-allotment option.
LetsGetChecked offers more than 100 validated at-home tests including screening for sexual health, cholesterol, diabetes, thyroid and COVID-19, as well as follow-up care through its telehealth and pharmacy offerings.
Earlier this year, Tata Group acquired a majority stake in online grocery startup BigBasket, and is reportedly in talks to acquire online pharmacy 1mg, according to local media reports.
In an interview for the #CIBCInnovationEconomy podcast series, Carter Griffin, General Partner at Updata Partners, shared the metrics he really cares about as an investor.
Tullman’s startup Transcarent scores $58M as it aims to overhaul employer-sponsored benefits space (FIERCE HEALTHCARE)
Transcarent launched out of stealth mode in March to tackle the employer-sponsored benefits space.
The company announced in March that it would open up Amazon Care to other companies later this year.
Kovo HealthTech aims to acquire profitable RCM businesses and works to organically grow these businesses.
FemHealth Ventures seeks $50 million for women’s health investments (WALL STREET JOURNAL)
Venture funding for the industry is rising as startups develop a range of new technologies.