The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe.
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Healthtech company Akira has announced the launch of Union Health, a tech-enabled, in-person clinic in Toronto.
Fitness startup Tonal has announced it has raised $45 million as it prepares to scale its smart in-home workout system and fend off a growing crop of similar startups in the space.
With a new CEO and fresh funding from Upfront, healthy prepared food delivery service Territory looks to grow (TECHCRUNCH)
The company uses a proprietary food recommendation engine to determine its subscribers’ personal preferences to deliver them meals that are more tailored to their individual tastes.
AI systems, specifically machine learning, have the ability to analyze massive sets of anonymized patient data and look for patterns in a way that the human brain, as elegant and complex as that organ may be, cannot begin to approach.
Elvie has announced its third private financing, a $42 million Series B led by IPGL to support the release of four additional women’s health products.
anadian research network AGE-WELL has announced a national competition for Canadian startups whose technologies or services can improve quality of life for older adults or their caregivers.
Cityblock Health raises $65 million to bring healthcare services to underserved communities (MEDCITYNEWS)
Cityblock combines primary care services, behavioral care, chronic disease management, substance abuse treatment and services that address social determinants like transportation, housing and access to healthy food.
Digital health investors are missing out on a big opportunity to bring healthtech to public schools (TECHCRUNCH)
Poor health is one of the leading causes of school absenteeism, and the latter is linked to low academic performance.
“This seed funding is critical in enabling our technology to reach its next inflection point, moving our system closer to the clinic and positioning our company for further investment.”
Fauna Bio raises $4.1M in seed funding (FINSMES)
Fauna Bio, a Berkeley, Calif.-based biotechnology company leveraging the science of hibernation to improve healthcare for humans, raised a total of $4.1m in seed funding.
Health care could bring in over $15 billion for Apple by 2021 and up to $313 billion by 2027, according to a Morgan Stanley report.
The Waterloo-based Trek Factory Racing off-road program has announced a partnership with HeadCheck Health, a provider of concussion management software and services.
3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation.
CAN – Priority Health Innovation Challenge (read more)
CAN – Canadian Cancer Society Impact Grants (read more)
CAN – Active and Assisted Living Program (read more)
Image courtesy of Unsplash