The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe.
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May HealthTO will discuss impact of recreational cannabis on medical cannabis (BETAKIT)
“The intersection of cannabis, health, and technology is a place where Canada should excel and be a global leader,” said Alex Norman, founder of TechTO. “As such, TechTO and Business of Cannabis wanted to highlight some of the emerging companies in this space.”
MediSeen Recommends: Start-ups have a better shot than Amazon at fixing health care, says prominent Silicon Valley investor (CNBC)
Silicon Valley venture capitalist Joe Lonsdale has raised a $640 million fund and plans to spend a good chunk of that in health care.
BrainQ raises $5.3M to treat neurological disorders with the help of AI (TECHCRUNCH)
The company’s investors include Qure Ventures, crowdfunding platform OurCrowd.com, Norma Investments, IT-Farm, and a number of angel investors.
Singapore: AI healthcare startup UCARE.AI steps out of stealth mode with Series A funding(DEALSTREETASIA)
The latest funding round brings UCARE.AI’s total funding to date to $8.2 million.
How to solve Canada’s wait time problem (THECONVERSATION)
Canadians are fed up with long wait times for health-care services.
Hospitals can save billions by improving operational efficiencies; Qventus just raised millions to help (TECHCRUNCH)
Qventus has developed a service that throws out dashboards and analytics tools and replaces it with a machine learning-enhanced series of prescriptions for hospital staff to follow when presented with certain conditions.
Credit Suisse to Invest $250 Million in Israel-based Life Sciences Venture Fund aMoon (CTECH)
The Credit Suisse commitment will be open to clients and institutional investors outside the US and Canada.
TranQool acquired by employee health service provider HumanaCare (BETAKIT)
Seven months after sending out an email saying it was shutting down services, TranQool has been acquired.
A longtime Google investor draws this simple chart on a napkin to explain health tech to company founders (CNBC)
Krishna Yeshwant, a doctor and investor with GV, Alphabet’s venture firm, takes a lot of meetings with entrepreneurs that have lofty goals to fix health care.
Quip raises $10 million for electric toothbrushes and dental care (TECHCRUNCH)
The mouth tech industry is continuing to pick up steam with electric toothbrush startup Quip’s latest $10 million funding round from Silicon Valley Bank and its acquisition of dental insurance startup Afora.
Real-time location systems help hospitals track the chaos (HEALTHTECHMAGAZINE)
Asset tracking tech offers a single picture of hospital operations to streamline people and technology management.
LATEST HEALTHTECH GRANT OPPORTUNITIES
3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation.
CAD – Idea to Innovation Grants (read more)
WIN – Mobile Drug Information Application including Support Services (read more)
CAD – Myocardial Protection Systems and Consumables (read more)
CAD – Rapid Response: Canada 2019 (read more)
CAD – Smart Solutions for Aging Well (read more)