The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe.
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Canadian-founded Circle Medical raises $3.5 million (BETAKIT)
The funding was led by A.Capital, with participation from Y Combinator, WELL Health Technologies, and Collaborative Fund.
Medical supplies aggregator Medikabazaar raises $5M in Series A (INC42)
Medikabazaar is a B2B online marketplace for medical equipment and supplies.
Digital health platform Think Research raises $25 million (BETAKIT)
New and existing investors include certain funds of Fidelity Investments Canada ULC, Kayne Partners, Canaccord Genuity Group, and National Bank of Canada.
PepsiCo acquires snack bar brand Health Warrior, betting on plant-based superfoods (FORTUNE)
The deal is the first investment under PepsiCo’s “The Hive,” an entity within PepsiCo that it created earlier this year to grow smaller brands focused on emerging trends.
Emotional wellness startup Aura raises $2.7 million from Cowboy Ventures and Reach Capital (TECHCRUNCH)
Aura works with therapists, coaches and meditation teachers to offer a variety of content to help people get the type of help they’re looking for.
Genetic testing startup Nalagenetics raises US$1M pre-seed funding round (E27)
Nalagenetics, which aims to create cost-effective genetic tests tailored to Asian populations, raised the funding from East Ventures, with participation of Intudo Ventures and a number of strategic angel investors.
Men’s wellness startup Hims has launched a line of women’s health products called Hers (TECHCRUNCH)
Chinese VCs are investing billions in US startups to solve China’s largest health problems.
Data startup H1 raises $6 million to develop AI tools for searching disease research (VENTUREBEAT)
H1, which has developed a live data insights platform for diseases, raised the funding from Shore Group.
League appoints Kim Tabac as chief people officer (BETAKIT)
In her first six months, Tabac will focus on scaling the League team in Canada and the US, chairing League’s advisory council and working with clients on their benefits strategy, including mental health, diversity, and inclusion initiatives.
LATEST HEALTHTECH GRANT OPPORTUNITIES
3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation.
CAD – Secure Mobile Delivery Platform (read more)
CAD – Canadian Health Technologies for Space Exploration (read more)
CAD – Mental Health Promotion Innovation Fund (read more)
