H|T: The Healthtech Times – How AI is reshaping the medical industry

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!

Healthtech-focused iGan Partners adds $50 million to Fund I (BETAKIT)

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.

Labster scores $21M Series B to bring VR to STEM education (TECHCRUNCH)

Launched back in 2013, Labster provides interactive laboratory simulations powered by VR for students that wish to explore lab experiments in biology, chemistry, physics, engineering and general sciences.

India’s Mfine raises $17.2 million to expand telemedical doctor network (VENTUREBEAT)

Mfine claims that more than 500 doctors across 10,000 health systems and clinics are using its suite of tools, up 30% month-over-month, and it says it now reaches 800 towns in India.

Hamilton biopharmaceutical raises $140 million CAD for cancer therapy tech (BETAKIT)

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.

Transforming health care: How artificial intelligence is reshaping the medical landscape (CBC)

Radiology and dermatology are among areas of medicine that will be altered by machines with capacity to learn.

AV8 Ventures launches with $170M to invest in digital health, mobility and enterprise tech (TECHCRUNCH)

AV8 Ventures has closed on €150 million (about $170 million) for its debut early-stage venture capital fund to invest in seed and Series A startups in the U.S. and Europe focused on the “machine-enabled future.”

Finland, Israel launch partnership initiative for digital health innovation (MOBIHEALTHNEWS)

The Israeli Innovation Authority and the Helsinki Business Hub will fund Israeli and Finnish startups who find ways to work together.

Montreal-based VirtualMED bringing AI to virtual healthcare (BETAKIT)

Montreal-based VirtualMED is partnering with HealthTap, an American healthtech company, to offer AI-powered virtual care to Canadians.

Meru Health raises $4.2M in seed funding (FINSMES)

The company intends to use the funds for the additional clinical validation and preparation for large scale rollout to health systems and large employers in several states across the U.S.

Drone delivery startup Zipline launches UAV medical program in Ghana(TECHCRUNCH)

Zipline, the San Francisco-based UAV manufacturer and logistics services provider, has launched a program in Ghana today for drone delivery of medical supplies.


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


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

0 replies on “H|T: The Healthtech Times – How AI is reshaping the medical industry”