H|T: The Healthtech Times – LifeSpeak’s mental health milestone

doctor, health

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!


LifeSpeak posts strong results in first quarter since going public (BETAKIT)

This was the first quarter for the company since its IPO in July 2021. It trades on the TSX as LSPK.


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Serial digital health cofounding company Palta scores $100 million in Series B (MOBIHEALTHNEWS)

The company’s portfolio includes femtech startup Flo, nutrition company Simple and fitness app Zing Coach.


Healthcare scheduling platform Gray Oncology draws $1.25 million from angel investors (BETAKIT)

Angel investor, Genevieve Tanguay, cited the company’s strong growth potential within the “value-based” care space.


COVID pushed a VC fund out of Boston and into a health goldrush (BNN BLOOMBERG)

Flare is searching for solutions for a U.S. health care-system that’s sorely in need.


With a new name and product, Wisedocs targets US expansion (BETAKIT)

Wisedocs’ CEO and founder Connor Atchison told BetaKit the startup recently changed its name to Wisedocs “to cater to a clearer representation” of what it does given “how agnostic [its] system is.”


Quit Genius raises $64 million for its addiction treatment telehealth startup (FORBES)

The company, founded in 2017 and launched in 2019, is now operating in the U.K. and about half of the states in the U.S.


Maple looks beyond public markets for growth and scale (BETAKIT)

In an interview with BetaKit, Maple co-founder and CEO Dr. Brett Belchetz laid out his vision for the company, including continued expansion into the United States and becoming an all-in-one platform for virtual care.


Medical crowdfunding has become essential in India, but it’s leaving many behind (REST OF WORLD)

While Ketto and Milaap have helped thousands, minorities find themselves ineligible, or targets of abuse.


Lumira Ventures closes $276 million CAD for fourth fund (BETAKIT)

Collectively, Lumira has secured over $320 million CAD for the two funds.


Cadence launches with $41M, strikes partnership with LifePoint Health (MED CITY NEWS)

The company offers a remote patient monitoring platform that enables clinicians to not only monitor patients at home but also provide personalized feedback via texts and video visits.


Silofit secures $15.25 million CAD to bring micro-gym model to United States (BETAKIT)

The all-equity round, which did not involve any secondary capital, was led by previous investor Whitecap Venture Partners.


New York City’s vaccine passport plan renews online privacy debate (NEW YORK TIMES)

The mainstreaming of digital vaccine passes could lead to more surveillance, privacy researchers cautioned.


MindBeacon sees revenue increase in Q2 as it ramps up for international expansion (BETAKIT)

In the company’s second earnings report since going public on the Toronto Stock Exchange (TSX) in December, MindBeacon saw its revenue, gross profit, and net loss increase amid a growing demand for mental health services during COVID-19.


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