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Employee wellness startup LifeSpeak raises $42 million in first round of institutional financing (BETAKIT)
Toronto-based employee mental health and wellness education startup LifeSpeak had closed a $42 million growth equity investment.
COVID-19 in Canada: What a second shutdown might look like (CTV NEWS)
As countries around the world start re-imposing coronavirus restrictions amid spikes in new cases, Canadian politicians and health officials are warning that parts of the country may soon enter a second shutdown.
AI-powered weight training startup Tonal raises $110 million amid home workout boom (VENTUREBEAT)
A spokesperson says the capital will enable Tonal to accelerate its marketing efforts, scale its supply chain and logistics, and roll out software upgrades and new workout content.
Maple raises $75 million from Loblaw (BETAKIT)
Toronto-based telemedicine startup Maple has raised $75 million CAD from Loblaw Companies through its subsidiary, Shoppers Drug Mart.
Still no timeline for when Alberta will have access to federal COVID-19 tracking app (GLOBAL NEWS)
While speaking to media about the first likely in-school transmission of COVID-19 in Alberta, the province’s chief medical officer of health said they’re still working on it.
Antibody therapy developer AbCellera hires banks for U.S. IPO – sources (FINANCIAL POST)
The planned listing would come amid strong demand for new biotechnology stocks, with almost half of the U.S. IPOs in 2020 coming from the healthcare sector, according to data from IPOScoop.
Virtual care software startup OnCall Health raises $7.9 million CAD Series A (BETAKIT)
Toronto-based OnCall Health, a startup that provides virtual care software to healthcare providers, has raised a $7.9 million CAD Series A round.
A patient has died after ransomware hackers hit a German hospital (MIT TECHNOLOGY REVIEW)
This is the first ever case of a fatality being linked to a cyberattack.
Futurist Amy Webb explains why COVID-19 is forcing businesses to ask new questions about data, trust (BETAKIT)
Amy Webb, CEO of the Future Today Institute and Debbie Gamble, chief officer of innovation labs and new ventures at Interac talk data, trust, and COVID-19.
Digital doctor consultations: what happens next? (SIFTED)
The road to digital is looking rosy for now — but as lockdowns somewhat ease around Europe, will patients want to revert to the old ways of seeing their GPs, nurses and psychologists?
Montréal sets new funding record with two massive travel tech deals in Q2 2020 (BETAKIT)
Montréal tech companies raised a record $566 million in venture funding over the second quarter of the year as the COVID-19 pandemic hit Canadian tech.