H|T: The Healthtech Times – Using AI to fight diseases

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!


BetaKit

Canadian-founded Circle Medical raises $3.5 million

The funding was led by A.Capital, with participation from Y Combinator, WELL Health Technologies, and Collaborative Fund.


inc42

Medical supplies aggregator Medikabazaar raises $5M in Series A

Medikabazaar is a B2B online marketplace for medical equipment and supplies.


bk

Digital health platform Think Research raises $25 million

New and existing investors include certain funds of Fidelity Investments Canada ULC, Kayne Partners, Canaccord Genuity Group, and National Bank of Canada.


fortune

PepsiCo acquires snack bar brand Health Warrior, betting on plant-based superfoods

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.


techcrunch

Emotional wellness startup Aura raises $2.7 million from Cowboy Ventures and Reach Capital

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.


e27

Genetic testing startup Nalagenetics raises US$1M pre-seed funding round

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.


techcrunch

Men’s wellness startup Hims has launched a line of women’s health products called Hers

Chinese VCs are investing billions in US startups to solve China’s largest health problems.


vb

Data startup H1 raises $6 million to develop AI tools for searching disease research

H1, which has developed a live data insights platform for diseases, raised the funding from Shore Group.


bk

League appoints Kim Tabac as chief people officer

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)

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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.