H|T: The Healthtech Times – Canada’s health-care moonshot

The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe.

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Ontario budget earmarks $50 million for life sciences-focused VC funds

The government is renewing the Jobs and Prosperity Fund with an increase of $900 million over the next 10 years.


MediSeen Recommends: HealthTO April Edition

Join us for a special edition of HealthTO at Toronto Health Innovation Week on April 11th. MediSeen is speaking and presenting alongside an impressive group!

national post

Canada needs a health-care moonshot — and now is the time

Four breakthrough technologies that are converging rapidly offer Canada a remarkable opportunity to transform its health-care system, dramatically increasing its quality and accessibility while exponentially decreasing its cost of care.


Siren raises $3.4 million for smart socks that track diabetic health

The funding comes from DCM, Khosla Ventures, and Founders Fund.


Why long-term care needs tech innovation, too

By 2030, all baby boomers will be 65 or older; but is technology in the long-term care industry keeping pace with growing demand?


AI could help doctors make better healthcare decisions and treat patients proactively

Helping doctors act proactively instead of reactively can help patients have better experiences in the hospital.


RoundTrip, an on-demand medical transport startup, raises $1.9 million in seed financing

The company received the funding from Ben Franklin Technology Partners of Southeastern Pennsylvania, Abell Foundation, Brown Advisory, and the Johns Hopkins University.


Oscar Health, Josh Kushner’s health insurance start-up, raises $165 million from Alphabet and others

The company believes it can beat larger insurers like UnitedHealth and Aetna through its focus on customer service and technology, which includes a mobile app for booking appointments and consulting with a physician.


Healthcare tech company Accolade raises another $50M, total funding tops $200M

Accolade, which has developed technology that makes personalized health recommendations to employees at various companies, raised the funds from Andreessen Horowitz, Carrick Capital Partners, Madrona Venture Group, and McKesson Ventures, with participation from Cross Creek Advisors and Madera Technology Partners.


LetsGetChecked raises $12M for its personal health tests

LetsGetChecked, which offers a health test kit service, raised the funding from Optum Ventures and Qiming Venture Partners.


Axem Neurotechnology accepted into Shenzhen-based HAX accelerator

Axem Neurotechnology is building brain-sensing hardware to improve physical rehabilitation and sports performance.


Alphabet’s bets on health tech are paying off as portfolio companies go public

GV (formerly known as Google Ventures), has backed nearly 60 healthcare-related companies since it raised its first fund in 2009. Those bets are starting to pay off as five of GV’s healthcare bets have gone public in the last year.

mass device

Apple launches Health Records, gives patients smartphone-based EHR access

Apple is hopeful that the new functionality will help patients have more informed conversations with their physicians and family members, and enable better-informed future decisions.


Swift Medical raises $11.6 million to help healthcare facilities manage wound care

The solution has been adopted by 1,000 healthcare facilities managing more than 100,000 beds across North America.


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

CAD – Operating Grants (read more)

CAD – Health System Impact Fellowship 2018 (read more)

BC – Emergency Medical Assistants Registry Replacement Project (read more)

KW – SharePoint Solution (read more)

ON – Provincial Self-Management Health Care Training Services (read more)

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Amira Zubairi

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.