H|T: The Healthtech Times – Medical devices under the microscope

The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe.

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National Research Council of Canada opens medtech innovation centre at U of T (BETAKIT)

The National Research Council of Canada has opened a Centre for Research and Application in Fluidic Technologies (CRAFT) at the University of Toronto.

Health minister vows to strengthen oversight of medical devices after investigation reveals problems (CBC)

Canada’s health minister says she is “deeply concerned” by problems with medical devices that have been revealed by investigative journalists and has pledged to make changes.

Insurance startup Bright Health raises $200M at ~$950M valuation (TECHCRUNCH)

The funding values Bright Health at $950 million, according to PitchBook — more than double the $400 million valuation it garnered with its $160 million Series B in June 2017.

Chinese scientist claims he edited babies’ genes with CRISPR (ENGADGET)

A Chinese scientist claims to have created the world’s first genetically-edited babies using the CRISPR/Cas9 tool.

Legacy freezes your sperm so you don’t have to (TECHCRUNCH)

The company has raised $250,000 and they are profitable. Kteily sees his company as the “Swiss Bank” of sperm storage.

Ankur Capital, others inject fresh funds into health-tech startup Niramai (VCCIRCLE)

Breast cancer screening startup Niramai Health Analytix Pvt. Ltd has raised a new round of funding from its existing venture capital investors and Flipkart co-founder Binny Bansal.

Amazon’s newest service uses machine learning to extract medical data from patient records (TECHCRUNCH)

The company announced the service, called Amazon Comprehend Medical, on Tuesday, shortly after The Wall Street Journal reported on it.

Nvidia’s Clara health care platform and medical imaging SDKs hit general availability

It also unveiled the Transfer Learning Toolkit and AI Assisted Annotation SDK, two AI tools tailored to medical imaging workflows, and partnerships with Ohio State University and the National Institutes of Health.

Yebhi co-founder Danish Ahmed’s latest venture Hospals raises $1.5M (YOURSTORY)

Danish Ahmed’s new medical tourism venture Hospals on Thursday announced the conclusion of its first round of $1.5 millon led by Spiral Ventures and Venture Catalysts.


3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation.

CAD – Dementia Community Investment (read more)

CAD – AGE-WELL NCE Core Research Programs 2020-2025 (read more)


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.

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