H|T: The Healthtech Times – The “threat” of AI-assisted healthcare

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!

Fusion Genomics receives $1 million to test genomic diagnostics platform(BETAKIT)

Healthtech startup Fusion Genomics has received $1 million to conduct a clinical study evaluating its genomic diagnostics platform.

A billion medical images are exposed online, as doctors ignore warnings(TECHCRUNCH)

Every day, millions of new medical images containing the personal health information of patients are spilling out onto the internet.

Aspect Biosystems raises $26 million CAD in Series A for 3D printing of human tissues(BETAKIT)

Aspect Biosystems, a company that conducts 3D bioprinting of human tissues, has raised $26 million CAD ($20 million USD) for its Series A round of funding.

Artificial intelligence makes bad medicine even worse(WIRED)

A new study out from Google seems to show the promise of AI-assisted health care. Actually, it shows the threat.

St. John’s Newfoundland startup Cyno signs deal with Shopify(BETAKIT)

Cyno, a virtual healthcare startup, announced at the beginning of January that it has signed a service agreement with Canadian e-commerce giant Shopify.

Cardiologs raises $15 million for AI that helps spot heart conditions(VENTUREBEAT)

Cardiologs, a French medical technology startup that’s leveraging artificial intelligence (AI) to help detect heart conditions, has raised $15 million in series A funding.

One Medical’s IPO will test the value of tech-enabled startups(TECHCRUNCH)

One Medical was valued at around $1.5 billion in its most recent, 2018-era fundraise according to CBNC, reporting that the company has since traded on the secondary markets for around $2 billion.

Deep Genomics raises $40 million Series B for AI drug discovery platform(BETAKIT)

Toronto-based AI therapeutics startup Deep Genomics has closed a $40 million Series B. This brings the company’s total funding to-date to $61 million.

Startup building ‘living map’ for healthcare raises $50M(MEDCITYNEWS)

Komodo Health raised a $50 million funding round led by Andreessen Horowitz. The software company is building up a trove of healthcare data to drive better analytics.

Women’s health-focused provider Advantia raises $45M(MOBIHEALTHNEWS)

Funding for the tech-enabled provider was led by BlueMountain Capital Management.

AlayaCare closes $47.9 million CAD Series C extension, acquires Procura(BETAKIT)

Montréal-based AlayaCare, which develops AI-powered solutions for homecare providers, has closed a $47.9 million CAD extension for its Series C.

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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