H|T: The Healthtech Times – Building Shopify-like healthtech companies

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!

To build Shopify-like healthtech companies, Ontario must create more incentives (BETAKIT)

Now, more than ever, health technology needs to be the force of change that will ensure the sustainability of our publicly funded healthcare system.

Blend of innovation and frustration heard at CBC health-care forum (CBC)

Industry leaders discussed new ways forward for paramedics, doctors, and nurses.

Nokia closes digital health sale to Withings founder Eric Carreel, who plans relaunch by EOY (TECHCRUNCH)

The Finnish telecoms giant announced that it has closed the sale of its digital health division, along with 200 employees, to Eric Carreel, the former chairman and co-founder of Withings.

Digital network for behavioral health SonderMind raises $2.5M (MOBIHEALTHNEWS)

SonderMind was designed to help tackle the mental health services shortage by matching therapists with patients based on specific needs.

Ava, maker of a fertility-tracking bracelet, raises $30M to double down on women’s health (TECHCRUNCH)

The funding was led by btov, SVC, and unnamed existing investors.

Technology companies could soon drive down health care costs, says Mary Meeker (CNBC)

As people in the US increasingly struggle to make ends meet, the “consumerization” of healthcare and rising data availability could be on the cusp of reducing healthcare spending, Meeker predicted during her annual presentation on the future of the internet.

Bessemer Venture Partners unveils new seed stage fund to invest in AI-driven technologies for healthcare (MEDCITYNEWS)

The Deep Health Seed Program will invest $100,000 to $2 million in the companies it targets. The fund’s first investment is Subtle Medical, which focuses on AI applications for radiology images.

Modern Fertility raises $6 million for at-home reproductive tests (FORBES)

The seed funding will go toward both advancing fertility research and increasing the headcount at the San Francisco-based startup.

Curai picks up $10.7M to create a smarter system to help patients supply the best info for their doctors (TECHCRUNCH)

“We want to build a patient-facing system to commoditize healthcare knowledge, that helps patients and their doctors know and understand the decisions they ought to make, whether those are simple questions about health, diagnostic or treatment, in lots of different ways,” said CPO Neil Hunt.


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

CAD – Co-Development of a Behavior Change eHealth Solution (read more)

CAD – National Impact Challenge to Improve Quality of Life of Older Canadians/Caregivers (read more)

CAD – Frontlines of Health SOLVE Challenge (read more)

CAD – Innovative Mental Health Supports Program (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.

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