H|T: The Healthtech Times – Canada’s critical coronavirus breakthrough

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!


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BetaKit

RainStick Shower, HyIvy Health awarded collective $100,000 at Winter 2020 Fierce Founders Bootcamp

RainStick Shower and HyIvy Health have been named winners at Communitech’s Winter 2020 Fierce Founders Bootcamp.


RECOMMENDED BY CALGARY ECONOMIC DEVELOPMENT

Calgary companies to lead $18.4 billion spend on digital transformation in Alberta through 2022

While one-quarter of the total investment in digitization is accounted for by the energy industry, most of the spending will occur across multiple sectors including creative industries, manufacturing, logistics, financial services, life science and agribusiness. Adoption of digital technology will see the fastest growth in agriculture and manufacturing.


TechCrunch

AI chatbot maker Babylon Health attacks clinician in PR stunt after he goes public with safety concerns

In the press release released late Monday Babylon refers to Dr. David Watkins — via his Twitter handle — as a “troll” and claims he’s “targeted members of our staff, partners, clients, regulators and journalists and tweeted defamatory content about us.”


Porto-based Sword Health raises additional €8.1 million to expand its tech-enabled physical therapy

Portuguese startup Sword Health has announced securing approximately €8.1 million in the second phase of its Series A funding round, which brings the round’s total to around €15.4 million.


Psychedelics-drug startup raises $24 million ahead of IPO

Mind Medicine Inc., a psychedelics-based medicine startup backed by Shark Tank’s Kevin O’Leary, closed a $24.2 million funding round ahead of plans to go public next week.


BetaKit

Toronto biotech startup plays role in “critical breakthrough” in coronavirus research

Structura Biotechnology has developed a tool that is playing a key role in a “critical breakthrough” in the search for a vaccine for coronavirus.


TechCrunch

Created to help employees figure out health benefits, HealthJoy raises $30 million

HealthJoy, a platform designed to make it easier for employees to use their healthcare benefits, has raised $30 million in Series C funding led by Health Velocity Capital.


London-based health tech startup Second Nature raises $10 million to combat obesity and diabetes

London-based Second Nature, the tech-enabled digital health programme designed to combat obesity, has raised $10 million in a funding round led by Beringea.


BetaKit

Today in healthtech: Cyclica case study validates platform, RBC acquires Dr. Bill

Two healthtech companies have made announcements on the growth of their firms, announcing new partnerships and key milestones.


Healthcare startup Qure.ai raises $16 million led by Sequoia India

The deal also comes at a time when Sequoia is raising its seventh India fund, and its largest so far.


Symptom checker K Health raises $48M

K Health, a startup that lets patients look up their symptoms and chat with a doctor, raised $48 million in funding.


TechCrunch

Andreessen makes Ribbon Health the first investment from its $750 million new healthcare fund

The new financing was led by Andreessen Horowitz, and included Y Combinator and the New York-based investment firm BoxGroup.


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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.