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Ontario Budget 2021 increases commitment to ministry of economic development with focus on pandemic recovery (BETAKIT)
As part of this latest budget, the Ontario government has committed $400 million over four years to create the Invest Ontario Fund.
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Maple set to join rush of Canadian telemedicine and tech IPOs: sources (THE GLOBE AND MAIL)
Maple, co-founded in 2015 by CEO Brett Belchetz, a former emergency-room doctor, has hired TD Securities, RBC Capital Markets and CIBC World Markets to lead an expected $100-million initial public offering on the TSX by the summer.
Everlywell acquires two healthcare companies and forms parent Everly Health (TECHCRUNCH)
The company has steadily iterated on its offerings, expanding its at-home testing from fertility products to food sensitivities and allergies, and last year, to at-home COVID-19 test collection.
Amazon, on the move in health care, is granted authorization for its own COVID-19 test (STAT NEWS)
Amazon is now the developer of an authorized COVID-19 test.
Enabling Bottom-up Entrepreneurship in Canada (BETAKIT)
How can Canadian tech support & enable more entrepreneurs in Canada? What are the tools & mechanisms required? Join Harley Finkelstein (Shopify), Douglas Soltys (BetaKit), and Andrew D’Souza and Michele Romanow (Clearbanc) for a Clubhouse Chat on how to build a network of bottom-up over top-down support!
Cybersecurity startups eye improving the health of hospitals as attacks increase (CRUNCHBASE)
Even as health care systems and hospitals were facing a raging pandemic last year, they also faced another aggressive and relentless battle: cyberattacks.
New hearing aids, iPhone apps and tech mean more hearing-loss options — but also new struggles (WALL STREET JOURNAL)
In-ear AI and smartphones give people with mild-to-moderate hearing loss more choices than ever, but apps can be a hard sell for some.
Ro raises $500M, bringing its D2C virtual care business to a $5B valuation (MOBIHEALTHNEWS)
Investors have showered the New York company with $876 million to date.
Healthcare ‘map maker’ Komodo Health nets $220M to build out data analytics (FIERCE HEALTHCARE)
The company offers a real-time view into patient healthcare journeys to help life sciences companies and payers detect disparities in care and identify interventions, the company said.
Mental health startup Ginger raises $100M (MED CITY NEWS)
Ginger, a startup that connects users with mental health coaches and therapists, raised $100 million in funding. The company is shifting to a risk-based model as it expands.
