H|T: The Healthtech Times – Canada’s new health fund

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!


BDC spinout Amplitude Ventures closes half of newly-launched $200 million health fund(BETAKIT)

Amplitude Ventures, a firm focused on investments in health and the life sciences sectors, has closed over half of a targeted $200 million CAD venture fund.



Microsoft uses AI to diagnose cervical cancer faster in India(TECHCRUNCH)

The AI model can now differentiate between normal and abnormal smear slides with accuracy and is currently under validation in labs for a period of three to six months.


Fitness startup Katalyst raises $5.6M for Peloton-like electrified workout experience(GEEKWIRE)

Seattle startup Katalyst has raised $5.6 million for an at-home workout experience that uses full-body electrical muscle stimulation (EMS), a training technique that’s popular in countries such as Germany, Japan and Brazil.


League receives strategic investment from Workday Ventures(BETAKIT)

League has received a strategic investment from Workday Ventures and will partner with Workday as a software partner.


DNA testing startup Veritas Genetics confirms data breach(TECHCRUNCH)

Veritas Genetics, a DNA testing startup, has said a data breach resulted in unauthorized access of some customer information.


Healthcare startup BeYouPlus raises $3.2M in Series A(YOURSTORY)

Delhi-based healthcare startup BeYouPlus will use this funding to strengthen its technology stack and expand its services across geographies.


Tencent-linked health AI developer raises $25 million(BLOOMBERG)

Medopad Ltd., a U.K. artificial intelligence startup teaming with China’s Tencent Holdings Ltd. on new approaches to disease, raised $25 million for clinical studies of its health technology.


Veterans can now use an iPhone to pull up their health records(TECHCRUNCH)

Apple has teamed up with Veteran Affairs (VA) to allow those who’ve served our country to now access their health records via iPhone.


Health Canada actively monitoring ‘breakthrough’ in U.S. investigation of vaping-related lung injuries(THEGLOBEANDMAIL)

The discovery of Vitamin E acetate in lung samples offers the first direct evidence of a link with the substance and vaping-related lung injuries.


Medopad raises $25M led by Bayer to develop biomarkers tracked via apps and wearables(TECHCRUNCH)

The startup has picked up $25 million, led by pharmaceuticals giant Bayer, which will be working together with Medopad to build digital biomarkers and therapeutics related to heart health.


LATEST HEALTHTECH GRANT OPPORTUNITIES

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

CAN – CIHR Catalyst Grant: Addressing Musculoskeletal Conditions and Arthritis in Canadians (read more)

CAN – CIHR Inuit Research Network Development Grant (read more)

CAN – CIHR Netherlands-Canada Type 2 Diabetes Consortium – Travel Award (read more)

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.

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