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 buys Pennsylvania-based Delta Health Technologies to bolster US presence (BETAKIT)
Months after closing its $225 million CAD Series D round to support its American expansion efforts, Montréal-based AlayaCare has acquired United States-based Delta Health Technologies.
What ideas and innovations do you have to bring to the table?
Real change happens when voices, skills, and ideas collide, focusing creative energy and collective passion towards the achievement of common goals.
By elevating and redefining healthcare, taking a more equitable, human-centred approach, Soaring with Roche is doing things differently to address five critically important health challenges: Aging Powerfully, Health Justice, Waiting for Healthcare, Health Literacy, and Data Sharing.
Together we will tackle the biggest challenges with the greatest opportunities to make a positive and lasting impact on the lives of all people living in Canada.
Learn more at Soaring With Roche.
Senior care startup Papa valued at $1.4B (MED CITY NEWS)
The startup matches seniors with companions to help with non-medical tasks. It currently has partnerships with more than 65 health plans.
Felix Health moves into diagnosis and treatment of anxiety, depression (BETAKIT)
Toronto-based healthtech startup Felix Health has announced plans to bolster its recently launched digital mental health service by introducing the ability to get diagnosed and treated for anxiety and depression through its platform.
Notable, which makes RPA-based tools to speed up healthcare admin, raises $100M at a $600M valuation (TECHCRUNCH)
Notable’s sweet spot has been using robotic process automation combined with API integrations and other technologies to speed up some of the administrative work that connects the dots in a healthcare regiment.
Back for second cohort, Ryerson Venture Zone in Brampton expands program beyond healthcare into smart mobility (BETAKIT)
Speaking with BetaKit, Usha Srinivasan, the Executive Director of RVZ, explained how the expansion came to be, how RVZ differs from other incubators and accelerators, and what the program looks for in startup applicants.
Walmart hires Dr. David Carmouche to lead its care organization (BUSINESS INSIDER)
Walmart has hired a Louisiana health-system exec to lead its care organization as it expands its clinics and pushes into telehealth.
Kalanick-backed startup Kareo to merge with healthcare IT firm (BNN BLOOMBERG)
The merged company will be called Tebra, according to a statement.
Optina raises $24 million to bolster AI-powered early Alzheimer detection device (BETAKIT)
Named “awAIR,” the company is working towards submitting data related to the cerebral amyloid status test for Alzheimer’s disease for its FDA regulatory submission.
Peloton shares collapse 35% as momentum for its at-home fitness equipment slows (CNBC)
Momentum is fading for its bikes and treadmill machines, and more consumers are heading back to gyms.
Why Trulioo’s Steve Munford thinks “we don’t need more unicorns” (BETAKIT)
Speaking with BetaKit ahead of his talk at SAAS NORTH, Steve Munford shared what he thinks is the right approach to growth for Canadian tech founders.
What red flags? Elizabeth Holmes trial exposes investors’ carelessness (NEW YORK TIMES)
Startup investors have often suspended skepticism while chasing a hot deal. The trial of Ms. Holmes, the founder of Theranos, has put that behavior under the spotlight.
Lumira Ventures latest Canadian VC to jump on SPAC trend in pursuit of US medtech firms (BETAKIT)
Lava intends to leverage Lumira’s team, relationships, experience, and database of healthcare investment opportunities.
How Big Tech is pitching digital elder care to families (THE MARKUP)
Spurred by the pandemic, Google, Amazon, and Apple are all offering tools for monitoring older adults, raising privacy concerns.
