H|T: The Healthtech Times – The femtech boom

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

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eSight raises $10 million, promotes CCO Kevin Banderk to CEO(BETAKIT)

Electronic glasses company eSight has raised $10 million in a debenture funding round led by iGan Partners to help with new technology development.

Healthcare data integration startup Abacus Insights lands $12.7M Series A(TECHCRUNCH)

The company is trying to make it easier for health insurance companies to share data with various parties in the healthcare system, with the ultimate goal of lowering costs.

Technology for women’s health is booming. These doctors are using it to increase access to care(CBC)

Technology focused on women’s health has ‘huge potential,’ says WHO medical officer.

Cyclica launches drug design platform for pharmaceutical scientists(BETAKIT)

Toronto-based biotechnology startup Cyclica has announced the launch of its drug discovery platform designed to help pharmaceutical scientists generate new drug-like compounds.

Cancer-fighting startup Tempus raises $200M at a $3B valuation(BIZJOURNALS)

Eric Lefkofsky’s genomic-sequencing startup Tempus has raised another massive round of funding as it brings its cancer-fighting tech to new therapeutic areas.

Forcen raises $500,000 to give machines human-level sense of touch(BETAKIT)

Toronto-based Forcen, which has developed a force-sensing film for medical and aerospace industries, successfully closed a $500,000 seed round.

Mental health app raises $50 million for expansion(BLOOMBERG)

A startup whose app connects people with mental health clinicians for counseling through text messages and video chats raised $50 million and forged ties with the biggest U.S. health insurer.

Johns Hopkins-founded startup developing blood test to detect cancer raises $110M(TECHNICAL)

The Series A funding round for Thrive Earlier Detection Corp. is the largest ever for a company licensing technology out of the university. The company will base R&D in Baltimore.

Using augmented reality, Altoida is identifying the likely onset of neurodegenerative diseases(TECHCRUNCH)

For the past 19 years, Ioannis Tarnanas, the founder and chief scientific officer at Altoida, has been developing virtual and augmented reality tools to offer predictions about the onset of mental illness in older patients.


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

CAN – UK-Canada Diabetes Research Team Grants (read more)

CAN – Alliance Grants (read more)

Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.

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