H|T: The Healthtech Times – The biotech IPO boom

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Fitplan raises $6.2 million to connect people with fitness professionals (BETAKIT)

Fitplan said it will use the funding to further develop its product experiences.

Sweden’s Engaging Care raises $800,000 for its digital healthcare SaaS (TECHCRUNCH)

In a more patient-friendly and patient-centred way than traditional electronic medical record systems, Engaging Care is developing a SaaS and accompanying apps to bring together patients, healthcare providers and partners to be “smarter and better connected.”

Virtual reality may help cure fear of heights, study says (CBC)

Participants who wore a virtual reality headset experienced a significant reduction in fear.

Interaxon acquires Colorado-based Meditation Studio to offer meditation courses (BETAKIT)

With the Meditation Studio acquisition, Interaxon now offers a database of over 400 guided meditations and courses.

While tech waffles on going public, biotech IPOs boom (TECHCRUNCH)

There are actually a lot more biotech and healthcare startup IPOs than tech offerings. In the second quarter of this year, for instance, at least 16 US venture-backed biotech and healthcare companies went public, compared to just 11 tech startups.

A big overlooked flaw with health tech: Patients hate going to the doctor (CNBC)

“All the things done well by digital health — they’re simple, fun, visual with great user experience — are still missing from most clinical visits — so it remains pretty unpleasant to be a patient.”

IBM Watson Health and the VA extend partnership to fight cancer (VENTUREBEAT)

The US Department of Veterans Affairs (VA) and IBM embarked on a collaboration aimed at providing access to “precision treatment” options to over 10,000 patients with cancer.

CMU engineers find innovative way to make a low-cost 3D bioprinter (HEALTHTECHMAGAZINE)

Starting with a MakerBot 3D printer, researchers tapped open-source hardware and software to build an affordable piece of tech that can print laboratory-grown cells on a large scale.

Applications from healthcare consortia for Strategic Innovation Fund due August 31 (BETAKIT)

Stream four of the Strategic Innovation Fund will invest in initiatives that work at the intersection of data and Canada’s health and biosciences sector.

Kindly Care raises $5.4M in Series A financing (FINSMES)

Kindly Care, which provides an elder care marketplace giving families access to over 100,000 caregivers, raised the funding from Javelin Venture Partners, with participation from MHS Capital and Jackson Square Ventures.


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

CAD – Innovative platform to facilitate evidence-informed decision-making (read more)

CAD – Electronic Patient Care Record System (read more)

CAD – Patient Communications Hub (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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