The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe.
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Canada’s smartARM team wins Microsoft’s 2018 Imagine Cup (BETAKIT)
As the winners of the Imagine Cup, smartARM will be given a mentoring session with Microsoft CEO Satya Nadella, $85,000 USD in cash and a $50,000 Azure grant.
Naked Labs raises $14M Series A led by Founders Fund for its 3D body scanning mirror (TECHCRUNCH)
NEA, Lumia Capital, Venture 51, Seabed VC, and others also participated in the round.
Telus jumps into business of health clinics, buys national chain (VANCOUVERSUN)
Telus Health is plunging into the business of elite medical clinics, spending just over $100 million to acquire Medisys-owned corporate and employee health clinics across Canada.
Sid Kosaraju joins Real Ventures as Entrepreneur in Residence for New York City (BETAKIT)
Joining from Accenture as the company’s managing director of health management services, Kosaraju was previously at PlanetRx, and is the co-founder of 24/7 Customer.
Apple’s first hires for its health clinics show how it’s thinking differently about health care (CNBC)
Apple’s wellness clinic, AC Wellness, has made quick work of hiring more than 40 people to provide concierge health and wellness services to its Bay Area employees, according to a LinkedIn search.
Mammoth Biosciences raises $23 million for its CRISPR-based disease detection engine (TECHCRUNCH)
Mammoth plans to use the funding to make key hires and flesh out its IP portfolio, but most of the company’s resources will be used toward developing the platform that allows its partners to plug in and search for their own biomarkers.
Health and fitness company CureFit raised $120M in Series C (FINSMES)
Backers included existing investors IDG Ventures, Accel Partners and Kalaari Capital, with participation from Chiratae Ventures and Oaktree Capital.
Peloton raises $550 million to expand its connected fitness machines and virtual classes (VENTUREBEAT)
Peloton raised the funding from TCV, with participation from most of Peloton’s existing investors.
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.
Virtual reality eases patient experience with surgery (OTN)
The healthcare industry is in a state of disruption. Digital solutions are becoming a necessary part of the new global standard of care for patients and regulation is being fast-tracked to catch up to digital health innovation.
These are the top five trends shaping the future of digital health (BUSINESSINISDER)
Picture this: Your anxious child is about to have surgery. You have the opportunity to be in the Operating Room. Or, you can be there virtually, present and visible to your child on a screen, talking together and seeing each other. If you believe in evidence-based health care, pick option two.
Evidation Health raises $30M in Series C venture capital funding (FINSMES)
By linking real world data from smartphones and connected sensors with traditional medical data, Evidation measures how behaviors outside of the doctor’s office or hospital relate to health and impact outcomes.
LATEST HEALTHTECH GRANT OPPORTUNITIES
3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation.
CAD – Learning Management System (read more)
CAD – Magnetic Resonance Imaging and Computed Tomography (read more)
CAD – Electronic Patient Care Record System (read more)
CAD – Patient Communications Hub (read more)