H|T: The Healthtech Times – Billion-dollar smiles

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!

Innovate BC awards nearly $1 million to four research projects (BETAKIT)

The Ignite program provides funding to research projects to assist with commercialization. The projects cover a range of industries, including cleantech, transportation, agriculture, and biotech.

Teeth-straightening startup SmileDirectClub is now worth $3.2 billion (TECHCRUNCH)

This funding comes on top of Align Technology’s $46.7 million investment in SmileDirectClub in 2016, and another $12.8 million investment in 2017 to own a total of 19 percent of the company.

A memorable year for financial health tech (MEDCITYNEWS)

Digital health technology, or health tech, companies had quite a year in 2017, but the size and number of large, late-stage deals appeared to be leveling off and exits were down 18 percent.

TD investing $2.5 million in CDL’s health stream (BETAKIT)

Over five years, TD will invest a total of $2.5 million towards the University of Toronto’s Creative Destruction Lab’s health stream operating out of the CDL-Toronto and CDL-West locations.

Women healthtech startup ElaWoman raises $3 million in Series A funding (TECHSTORY)

The startup will use the fresh capital to boost its technology platform. The startup will also use the funds to expand presence in non-metro cities and overseas in Asia Pacific countries.

MindBody-owned FitMetrix exposed millions of user records — thanks to servers without passwords (TECHCRUNCH)

It isn’t known how long the servers had been exposed, but the servers were indexed by Shodan, a search engine for open ports and databases, in September.

MaRS Health’s opioid data challenge (MARS)

Securing data on opioid-related overdoses and harms is crucial to the design and delivery of effective interventions. And yet, timely and accurate data, particularly on non-fatal overdoses occurring in communities, remains limited.

Brazil’s healthtech sector is new hot spot (TECHCRUNCH)

Like recent Brazilian investment booms focused on fintech innovation and new on-demand business models, there’s been a recent explosion in healthtech startups in Brazil.


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

CAD – Health Network System Managed Services Benchmarking and Value for Money Study (read more)

CAD – Automated Pharmacy Medication Packager/Labeller Systems (read more)

CAD – Canadian Health Technologies for Space Exploration (read more)


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

0 replies on “H|T: The Healthtech Times – Billion-dollar smiles”