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CTI Life Sciences Fund raises $100 million in first close of third venture fund (BETAKIT)
In a statement, Bennani told BetaKit approximately half of the fund’s target is being saved for follow-on, which currently has an investment period of at least five years.
Medical billing startup Cedar to acquire OODA Health for $425M to tackle insurance market (FIERCE HEALTHCARE)
Every day, more than 300,000 patients across 36 health systems use Cedar to pay an outstanding bill after a doctor visit or check their co-pay before a visit.
At-home testing startup Cue Health raises $235M (MED CITY NEWS)
Cue Health, a startup that won a big government contract for its at-home COVID-19 test, recently raised $235 million in funding.
Think Research sees record Q1 revenue following acquisitions (BETAKIT)
In January, Think Research acquired MDBriefCase and Clinic 360.
Three strategies for startups looking for new revenue streams (BETAKIT)
Xero Canada Country Manager Faye Pang shares advice for how startups can find new revenue streams from both new and existing customers.
Huma, which uses AI and biomarkers to monitor patients and for medical research, raises $130M (TECHCRUNCH)
The funding includes a number of high-profile strategic and financial backers that speak to some of the opportunities coming down the pike.
Federal government extends CAN Health Network in Ontario, brings program to Atlantic Canada (BETAKIT)
The CAN Health Network is aimed at reducing barriers to procurement so healthtech companies can quickly and easily bring their innovations to the healthcare sector.
Real-world evidence startup Aetion lands $110M in Series C as it looks toward global expansion (MOBIHEALTHNEWS)
The company has now raised a total of $212 million.
Access to working capital essential to the success of Canadian small businesses (BETAKIT)
American Express Canada VP Paul Roman explains why many Canadian small business owners are still in “survival mode.”
Unmind raises $47M for a platform to provide mental health support in your workplace (TECHCRUNCH)
The core of Unmind’s service is built around a set of questions to help employees explore their own states of mental health, which could include depression, anxiety, insomnia and a host of other manifestations.
Softbank-backed health AI startup moves into clinical care with key Amazon hire (FORBES)
At the Boston-based startup, Majmudar will be using technology to tackle some of the most complex patients with multiple chronic conditions.
How Canadian tech is tackling the global problem of food insecurity (BETAKIT)
On the #CIBCInnovationEconomy podcast, Dr. Sylvain Charlebois and Dr. Michael Gilbert talk about food insecurity, and how tech is tackling the challenge.