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Think Research increases credit facility from National Bank to further acquisition strategy (BETAKIT)
The facilities follow a quarter of record revenue for Think Research, driven in part by the startup’s acquisition strategy.
Calling Canadian health tech entrepreneurs: pitch your startup to leading North America health industry CEOs!
Accenture’s Health Tech Innovation Challenge brings together start-ups and larger health organizations to tackle the world’s biggest health issues. Now in its fifth year, the challenge gives start-ups the chance to pitch their innovative ideas to leading CEOs from across the healthcare industry in Canada and the US. Entrepreneurs will gain exposure to judges who represent the broad spectrum of Accenture’s clients in healthcare, insurance, life sciences, and government.
Olive passes $4B valuation with new funding round (MED CITY NEWS)
Olive, which automates redundant tasks in healthcare, recently raised $400 million in a funding round. Since the start of the pandemic, the company has raised a total of $832 million.
When Aifred Health was revealed to be in the top three finalists in February, the company said it planned to use its prize money, as well as its seed funding, to fund the clinical trial required for regulatory approval of its solution.
Akumin’s $820M deal gives it a king-size boost in radiology, oncology services (FIERCE HEALTHCARE)
Outpatient imaging center operator Akumin is acquiring Alliance HealthCare Services to get a bigger slice of the radiology and oncology services market.
Surgical robotics company CMR raises $600M (TECHCRUNCH)
This latest round, led by SoftBank’s Vision Fund 2 and co-led by Ally Bridge Group, joins an existing $384.8 million already raised by the Cambridge firm. It values the company at $3 billion.
This latest round has vaulted the company’s valuation to $2.75 billion and will fuel further expansion of its logistics networks in Africa and the United States.
Every 11 seconds, there’s a ransomware cyberattack against a business. These types of attacks happen even more frequently to individuals.
The company plans to study its device for in-home use, after it was cleared last year to be used in hospital and post-acute care settings.
Semantic Health was founded in 2019 with the goal of helping hospitals improve their medical coding and auditing processes.
The corporate wellness platform is now valued at $2.2 billion with SoftBank, General Atlantic, Moore Strategic Ventures, Kaszek and Valor Capital Group investing in this funding round.
While Canada is often viewed globally as a thriving hub within the digital economy, Indigenous communities and practitioners are largely missing from the conversations and spaces about the future ‘smart’ and decentralized technologies.
The round comes as Vetsie gears up for the public launch of its virtual vet care platform.
Wellesley, Massachussettes-based 4G Clinical closed a $230 million growth equity round led by Goldman Sachs Asset Management — the software company’s first raised from a large institutional investment.