H|T: The Healthtech Times – Future Fertility’s AI solution

Plus: Talkspace faces class action alleging it misled investors ahead of SPAC deal.

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Future Fertility secures $7.6 million CAD for AI-powered in vitro fertilization (BETAKIT)

Future Fertility CEO Diana Olusanmi told BetaKit that many of the other firms operating in the fertility space have focused on the embryo, while Future Fertility is “the first company to offer non-invasive egg assessment for patients through their fertility clinics.”

Transcarent’s $200M haul makes it healthcare’s newly minted unicorn (MED CITY NEWS)

Transcarent is the latest entrant in the world of healthcare unicorns announcing a $200 million Series C investment round led by Kinnevik and Human Capital.

Maple acquires Wello to expand employee healthcare business (BETAKIT)

Co-founded in 2015 by CEO Brett Belchetz, a former emergency-room doctor, Maple has developed a digital healthcare platform that aims to deliver timely and convenient access to healthcare providers.

Talkspace faces class action alleging it misled investors ahead of SPAC (MOBIHEALTHNEWS)

The class action lawsuit alleges a proxy statement provided to investors before the merger misrepresented the company’s financial performance and prospects.

Telus Health launches virtual pharmacy service nationally (BETAKIT)

Telus is also, notably, an investor in digital pharmacy startup PocketPills, for which Telus Ventures led an all-equity, $30 million round in March.

Verana Health, which unlocks insights from aggregated medical data, raises $150M (VENTUREBEAT)

For its series E round, Verana Health has attracted a slew of big-name strategic and institutional investors, including lead backers Johnson & Johnson Innovation and Novo Growth, as well as GV, Casdin Capital, Brook Byers, the Merck Global Health Innovation Fund, THVC, and Breyer Capital.

VC economics: why startup valuations are art while dilution is a science (BETAKIT)

Lewis Hower, Managing Director at Silicon Valley Bank, explains the investor mindset and how it can impact startup valuations.

For digital diabetes care, is more data always better? (STAT NEWS)

Not every diabetes patient will benefit from wearing a device that tracks their blood glucose day in and day out.

Review of 11 Canadian tech companies to watch in 2021 (BETAKIT)

Kevin Sandhu reviews his list of the 11 Canadian tech companies to watch in 2021 to check in on how they fared over the past year. In 2021, Sandhu tagged Bluedot, Clutch, Symend, Ollie Order, Craver Solutions, Synctera, Showbie, Elastic Garage, Synex Medical, Lufa Farms, and LifeSpeak as worth watching.

‘We’re likely closer to a market saturation point’: Why 2022 is critical for at-home fitness startups (MODERN RETAIL)

At-home fitness startups had a bumpy 2021, and 2022 is going to be the year they prove their staying power.

League enters 2022 as Canada’s newest unicorn with TDM Growth Partners-led round (BETAKIT)

Sources indicated that the pre-money valuation of the financing priced League at $850 million USD, or $1.1 billion CAD, making it Canada’s newest tech unicorn.

How health and fitness trackers are about to get a lot more granular (WALL STREET JOURNAL)

Many people have become accustomed to devices quantifying their steps or heart rate. That’s just the beginning.

Headversity raises $12.5 million CAD to scale workplace mental health solution (BETAKIT)

Headversity saw its client base grow by 250 percent in 2021, amid rising demand for mental health services during COVID-19.

Josh Scott

Josh Scott

Josh Scott is a BetaKit reporter focused on telling in-depth Canadian tech stories and breaking news. His coverage is more complete than his moustache. He was also the winner of SABEW Canada’s 2023 Jeff Sanford Best Young Journalist award.

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