H|T: The Healthtech Times – MindBeacon melds with CloudMD

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!


TSXV-listed CloudMD to acquire TSX-listed MindBeacon in $116 million deal (BETAKIT)

Less than a year after going public on the Toronto Stock Exchange (TSX), Toronto-based digital mental health startup MindBeacon has agreed to be acquired by TSX Venture Exchange-listed Vancouver software firm CloudMD.


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Nursing startup nabs $149M for healthcare staffing platform (FIERCE HEALTHCARE)

The startup plans to use the funding for the rollout of its Trusted Works platform, which matches nurses with open positions while using artificial intelligence to balance fill rate and cost.


What To Expect From Your Lead Investor (BETAKIT)

Silicon Valley Bank shares tips on what to expect from your lead investor and how to build a strong relationship with them.


Medicare-focused startup EasyHealth raises $135M in equity, debt funding (MOBIHEALTHNEWS)

The company, founded in 2020, works with health plans.


US private equity firms make $300 million CAD strategic investment in Fullscript (BETAKIT)

Fullscript said the HGGC and Snapdragon investment is designed to help it expand its platform “across the patient treatment lifecycle.”


H1 closes $100M Series C on the back of ‘incredible traction’ and a successful first use case (TECHCRUNCH)

Fresh off of a $58 million Series B round, and just one year after graduating from Y combinator, H1, a “LinkedIn for the healthcare industry” has raised even more cash.


CDW survey uncovers troubling data about the state of cybersecurity in Canadian startups (BETAKIT)

Theo Van Wyk, Head of Solutions Development and Cybersecurity at CDW Canada, unpacks troubling statistics from a new CDW cybersecurity survey.


Talkspace leaders depart as company’s growth falls short of expectations (MED CITY NEWS)

The company’s co-founders are leaving the company as it struggles with retention and billing, with revenue coming short of expectations for the quarter.


Market Watch: Well, Lifespeak revenues climb in the third quarter of 2021 (BETAKIT)

A couple of medtech companies are experiencing a strong third quarter.


Virtual health: pandemic band-aid or opportunity for better care? (THE WALRUS)

COVID-19 forced a massive shift to phone and online consultations. With new freedoms come new frustrations.


Dialogue Health announces record revenues in its third quarter, 2021 (BETAKIT)

The health and wellness virtual healthcare startup announced its third quarter, 2021 results on November 9.


The Elizabeth Holmes trial: Theranos founder takes the stand (WALL STREET JOURNAL)

Elizabeth Holmes took the witness stand to defend herself against criminal-fraud charges tied to the failure of Theranos Inc., the startup she founded in 2003 as a 19-year-old college dropout.


BetaKit Live: How to drive growth and innovation through impact investing (BETAKIT)

In the next BetaKit Live on Thursday December 2, leaders from TELUS Pollinator Fund for Good, the Global Impact Investing Network, and Gotcare explain the corporate venture capital and impact investing space.


Peloton sues rivals over alleged patent infringement related to on-demand classes (ENGADGET)

The company claims at least 55 iFit models and more than a dozen Echelon products are in violation.


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