The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe.
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Toronto-based venture capital and private equity firm iGan Partners announced the second close of its Fund I, securing an additional $50 million to invest in healthtech companies.
Fitness startup Tonal has announced it has raised $45 million as it prepares to scale its smart in-home workout system and fend off a growing crop of similar startups in the space.
Medbelle, the London and Berlin-based startup offering what it calls an “end-to-end platform” for medical procedures, has raised $7 million in Series A funding
Dot Health, a mobile platform that finds and stores medical records, and Maple, a platform for on-demand access to healthcare providers, have partnered to create a virtual healthcare solution.
Aidoc, the Tel Aviv startup using AI to analyse medical scans, has raised $27 million in Series B funding.
The fresh capital will be used to expand the company’s platform and scale its brand partnerships, said founder and CEO Julia Cheek.
Hamilton-based biopharmaceutical company Fusion Pharmaceuticals has announced the completion of a $140 million CAD ($105 million USD) Series B round, to help develop its targeted radiotherapy cancer treatment.
Announced last month, the software development kit is part of the chipmaker’s ongoing push to help make robotics development more accessible for a wider range of users.
OnCall Health, a virtual care technology and services platform for healthcare providers, has a raised $2 million CAD seed round that will be used to increase its operations across North America.
Swedish startup NuvoAir, best known for making respiratory monitors, scored $3 million in new funding. The latest round was led by Inustrifonden, with participation from Investment AB Spiltan.
Montreal-based VirtualMED is partnering with HealthTap, an American healthtech company, to offer AI-powered virtual care to Canadians.
3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation.
CAN – Priority Health Innovation Challenge (read more)
CAN – Canadian Cancer Society Impact Grants (read more)
CAN – Active and Assisted Living Program (read more)
Image courtesy of Unsplash